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A wider look at GBPUSD and where we might find the bigger levels

Discussion in 'Technical Analysis' started by ForexLive, Jan 6, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    The pound is in one of its slumps and has managed only 1 winning month in the last 6 This month hasn't kicked off too well for the quid either. 1.4600 is the last big hurdle in the way of a drop down to the Apr 2015 low at 1.4569. From there, around 1.4500/30 is the only decent looking support I see before a gap down to the low 1.43's

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