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Forex technical analysis: GBPUSD consolidating after tumble

Discussion in 'Technical Analysis' started by ForexLive, Sep 13, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Seeing a stall The GBPUSD tumbled in the early NY session with the pair moving from a high oaf 1.3268 to a low of 1.3189. The pair is seeing some consolidation and corrective action now with the price moving to a 1.3214 currently, but overhead resistance should hold if the selling was real.

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