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GBP/USD Finds Support At 1.30

Discussion in 'Technical Analysis' started by Kaitlin, Aug 10, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Having slumped for the fifth time in a row, the Cable still managed to remain above the 1.30 handle on Tuesday. Investors appear to be taking profit after the plunge, but the 1.31 mark is still a difficult goal to achieve. However, the nearest resistance is still located around 1.3165,[​IMG]

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