GBP/USD Heads To 1.32

Discussion in 'Technical Analysis' started by Kaitlin, Sep 12, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The Cable keeps retreating after it topped out at 1.3450, and the rate is likely to fall some 70 pips more before we see a recovery back to the upper bound of the channel. At the moment GBP/USD is testing a support trendline at 1.3270, which has been recently broken,[​IMG]

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