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GBP/USD To Keep Edging Higher

Discussion in 'Technical Analysis' started by Kaitlin, Feb 11, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Even though the GBP/USD currency pair appreciated on Wednesday, it was unable to retain its position near intraday highs. Today the closest short-term resistance is represented by the Bollinger band, the 55-day SMA, the weekly and monthly R1s around 1.4675, but a surge of at least 110 pips in order[​IMG]

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