GBP/USD Attempts To Erase Some Previous Losses

Discussion in 'Technical Analysis' started by Kaitlin, Jul 7, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The Pound remained under pressure on Wednesday, having edged lower, with volatility stretching out to the 1.28 mark. Nevertheless, the immediate support level, namely the weekly S2 at 1.2899, was preserved, suggesting that the Sterling could undergo a small correction today. In case bulls take over the market, gains are[​IMG]

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