GBP/USD Takes A Shot At Climbing Over The Down-Trend

Discussion in 'Technical Analysis' started by Kaitlin, Dec 24, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Although the GBP/USD currency pair appreciated on Wednesday, the immediate resistance in face of the monthly S1 somewhat managed to prevent the price from returning inside the pattern's borders. Nevertheless, the monthly S1 is providing support today, being the only obstacle holding the Cable from edging lower. Even though a[​IMG]

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