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Forex technical analysis: GBPUSD bounces off support area. Making new highs

Discussion in 'Technical Analysis' started by ForexLive, Nov 30, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Reaches below 1.5000 but not for long The GBPUSD today extended below the 1.5000 level to a low of 1.4993. This was the lowest traded level since the April 23rd. It may have triggered a barrier option. It may have triggered some stops on the peak below. However, the time spent below the line was minimal.

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