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GBP/USD Bounced Off Of 1.3230

Discussion in 'Technical Analysis' started by Kaitlin, Sep 13, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    As expected, the currency pair rebounded after approaching the lower bound of the five-week channel. The rally from 1.3230 is also supported by the near-term technicals. The first target is a weekly and monthly R1 cluster, and we expect the price to go all the way to 1.3550 before there[​IMG]

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