Tuneless
GDP data, along with the observed matter for the Q3. Strong investment numbers,
better than expected CBI retail sales November posts.
But this seems not to be powerful enough to influence the Sterling.
Yesterday the GBP/USD pair marked choppy trading but with very close values of
opening and closing price, respectively 1.2437 and 1.2446.
Technical reading are showing neutral to negative stance. RSI is placed within
middle lines, while stochastic is displaying overbought market.
In the short-term the pair is still consolidating around 1.2400 level. Support
is located at 1.2203 and lower at 1.2079. Resistance is seen at 1.2529 and
higher at 1.2665.
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