GBPUSD – 24.10.2016


gbp_usd_24-10-2016

The GBP/USD pair is consolidating without any particular direction; in fact, the market has formed another descending structure. We think, today the price may return to 1.2257. Possibly, later the market may continue moving upwards with the target at 1.2600 and then start falling to reach 1.0750.

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