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European Open Briefing

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 24, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The British Pound extended losses overnight and GBP/USD traded below 1.40 for the first time since 2009. The pair fell sub-1.40 ahead of the Tokyo open and eventually declined to a low of 1.3964. Next support is now seen at 1.39, while intraday resistance lies at 1.4030 and 1.4080.[​IMG]

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