Forex technical analysis: GBPUSD moves above broken trend line

Discussion in 'Technical Analysis' started by ForexLive, Sep 17, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Trend line break at the 1.5572 area The GBPUSD is pushing above topside trend line resistance at the 1.5572 level (see daily chart below). The price is also above the 61.8% of the move down from the August high to the September low. That level comes in at 1.55646 These levels will now be close support for the pair.

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