GBP/USD Retreats From 1.3350

Discussion in 'Technical Analysis' started by Kaitlin, Aug 4, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    GBP/USD trades lower today in anticipation of the BOE's decision on the interest rate. Nevertheless, from a technical perspective the currency pair retains a good chance to resume Tuesday's rally, as it has recently broken out of the triangle to the upside. If the price manages to stay above 1.32[​IMG]

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