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Forex technical analysis: GBPUSD continues steps lower

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

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Following lower trend line The GBPUSD has been stepping lower with little correction. The move has been following what is a lower parallel line that was started on December 29th. The last few days had been hanging more toward the lower line. Today that line was tested a two times. The last time from 10 AM to 11 AM ET. We are getting a little bounce off that test.

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