GBP/USD – strong resistance 1.5280 – for March 22, 2013 (daily strategy)
The British pound is growing slowly against the dollar at these times, and again it has surpassed 1.52. We expect the upward sequence could give an impulse to the resistance of 1.5280 fractal. However, the Momentum Indicator is showing bearish signal, which is suggestive of this pair expects a downward correction in the next few days. You can sell at any price from 1.52 to 1.5280 with objectives to support level 1.4960.
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