Daily analysis of GBP/USD for November 27, 2014



On the daily chart, the GBP/USD pair gained a bullish momentum above the support level of 1.5746, where the pair is trying to reach the level of 1.5883. If the GBP/USD pair manages to make a breakout in that area, the next target would be the 1.6046 level. However, the GBP/USD pair could enter a phase of consolidation in the coming days due to low liquidity expected on the American markets. The MACD remains in the positive territory.
Dailychart's resistance levels: 1.5883 / 1.6046
Dailychart's support levels: 1.5746 / 1.5642

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