19 Mar 2014; GBPUSD
A number of important UK news at 1730SGT - UK Claimant paymout, unemployment rate.
The pound has been confined within the daily EMA21 which act as a intermediate resistance at 1.6660.
Daily CCI pointed to a up trend, given that the pound did not break south below the support at daily EMA55 around 1.660.
As such, if the fundamentals are right about the UK economy, then a breakout north would occur. The pound has not break the 1.68 mark, which the EUR did the 1.39. The next resistance is at 1.67
Of course, a break south is possible with the support at 1.652.
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