GBP/USD Anchored Around 1.4550

Discussion in 'Technical Analysis' started by Kaitlin, Jan 12, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The British currency failed to post significant gains on Monday, as supply at 1.4567 was solid, allowing the Cable to surge only 14 pips. The same resistance, namely the monthly S1, keeps weighing on the pair today, whereas the major level of 1.45 and the Bollinger band are providing immediate[​IMG]

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