1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

GBP/USD On The Edge Of Breaking Wedge's Support

Discussion in 'Technical Analysis' started by Kaitlin, Dec 22, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    5,769
    Likes Received:
    0
    The Sterling failed to rebound yesterday, as it dropped below the 1.49 level and reconfirmed the falling wedge pattern's lower trend-line. Today the GBP/USD currency pair is under increased risk of falling deeper down, as fundamental data suggests. It is uncertain whether the immediate support will be able to hold[​IMG]

    Continue reading...
     

Share This Page