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Forex technical analysis: GBPUSD tests topside resistance area

Discussion in 'Technical Analysis' started by ForexLive, Nov 23, 2015.

  1. ForexLive

    ForexLive Forum Member

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    A bunch of swing lows/highs The GBPUSD is up testing a congestion area defined by swing lows/highs and 50% at 1.5173-86. The price high just peaked at 1.5189, but has backed off. This looks to me like a key line in the sand for the pair. PS. The close from Friday came in at 1.5185.

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