GBP/USD On The Edge Of Falling Back Under 1.44

Discussion in 'Technical Analysis' started by Kaitlin, May 18, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The British Pound appreciated against the US Dollar for the second day yesterday, with the resistance area around 1.4482 managing to limit the gains. Today the pair is stuck between two clusters, namely the weekly and the monthly PPs from below, and the 20-day SMA and the weekly R1 from[​IMG]

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