GBPUSD: Oulook on Daily chart

FX:GBPUSD   British Pound / U.S. Dollar
Market is currently in the 2013 support zone with the RSI not yet in the oversold area. We probably need the market to break the upper level or the lower level in order to give us the conformation of either trend reversal or trend continuation. Market has been trending sideways since November 17. We need to see a break below or above with a close below or above before we trade this pair.

Good Luck Trading!!


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