GBP/USD Technical Analysis for June 21st 2013



GBP/USD  Technical Analysis for June 21st 2013

The cable has dropped sharply to reach the Fibonacci level 38.2 % , and we expect it will recover on the short term trading to reach 1.5490 and 1.5520 levels which would represent good opportunities to sell , as we remain expecting further decline towards the 1.5445 level , then to the Moving Average 90 at the 1.5300-1.5315 area .


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