Monexnews - GBP / USD to test support at 1.5508 as a bullish signal arising from CCI 1 hour. Current potential is bullish but cautious about the possibility that the market is in overbought condition as indicated by the stochastic 1 hour. Thus, the range of opportunities bullish momentum towards 1.5563 - 1.5597 will be terkonfrimasi if the resistance at 1.5542 breaks. Limitation of risks to the bullish scenario above is a breakdown of support at 1.5508. If that happens, intraday bias are expected to turn into bearish and the price will come down to the range 1.5487 - 1.5453.
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