What will be the volatility of GBPUSD?

As reported by MarketLeader(US)

Despite the overall volatility surge, GBPUSD keeps staying within the 1.5976-1.6197 range as the intraday bias is still neutral.
As it was mentioned earlier, if the support at 1.5962 stays unbroken there will be no confirmation of any trend reversal, which will leave the bias neutral. A firm break below 1.5962 (group support level) will confirm the termination of the entire upsurge from 1.5343 with further decline down to the support trend-line at 1.5752.  More Read...


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