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GBP/USD Attempts To Break Away From 1.53

Discussion in 'Technical Analysis' started by Kaitlin, Oct 12, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Upon reaching the immediate resistance in face of the weekly R3 on Friday, the GBP/USD was pushed back, leading to a fall towards the 1.53 major level. Dips were limited by the anticipated target, remaining a strong support area today, represented by the 20-day SMA, weekly and monthly PPs. However,[​IMG]

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