Forex technical analysis: GBPUSD looking to keep the momentum going

Discussion in 'Technical Analysis' started by ForexLive, May 18, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Above prior resistance The GBPUSD has gotten a boost on the expectations that the tide is turning in the favor of a No for BREXIT. The pair shot up from a low around the 1.4400 level and in the process, has been able to extend above what has been a series of swing highs in between the 1.4529 and 1.4542 area (see numbered circles in chart below). This is now support that needs to hold.

    Read full forex technical analysis here

Share This Page

free forex signals