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GBP/USD In Tight Range Between 1.4650 And 1.48

Discussion in 'Technical Analysis' started by Kaitlin, Jan 5, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Cable's volatility yesterday was limited by the immediate support and resistance, while the GBP/USD ended the day relatively unchanged with a slight move to the downside. Even though the pair remains in a bearish trend, a corrective rally might occur today, without the violation of the resistance in face of[​IMG]

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