GBP/USD Gravitates Towards Weekly S1

Discussion in 'Technical Analysis' started by Kaitlin, Nov 27, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The Sterling made its way closer to the Nov low yesterday, by falling towards the major level of 1.51 against the US Dollar. The Cable appears to be glued to the weekly S1 level and refuses to drop below 1.5075 this week, suggesting that the exchange rate could edge approximately[​IMG]

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