GBP/USD Poised For More Gains

Discussion in 'Technical Analysis' started by Kaitlin, Sep 1, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The British currency managed to outperform the Greenback on Wednesday, not only retaking the 1.31 level, but also negating Monday's and Tuesday's losses. Gains were limited by the immediate resistance, which could cause the Pound to retreat today. However, technical indicators suggest otherwise, as they retain bullish signals. In case[​IMG]

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