UPDATE: GBPUSD DAILY CHART AS OF AUGUST 23RD 2013

As expected we have seen sellers coming in at Daily supply zone at 1.5700. In last week of August, I am expecting price to retest daily level at 1.5700 one more time before heading down at 1.5500 - 1.5400 zone. Predicted target of 1.5426 is still within average weekly range.


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