GBP/USD Attempts To Prolong Bullish Trend

Discussion in 'Technical Analysis' started by Kaitlin, Apr 28, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The GBP/USD currency pair underwent a small correction on Wednesday, being weakened by the FOMC statement. Nonetheless, the Cable remained above the immediate support area, namely the weekly R1, which keeps the pair elevated even today. The Sterling has the potential to erase yesterday's losses and climb over the 1.46[​IMG]

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