GBP/USD On The Edge Of Falling Under 1.41

Discussion in 'Technical Analysis' started by Kaitlin, Feb 23, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The Sterling dropped more than 200 pips against the US Dollar on Monday, as the odds of a Brexit increased. The GBP/USD currency pair remains weak and could drop below the 1.41 major level, unless demand around that area, represented by the Bollinger band and the weekly S2, is sufficient[​IMG]

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