GBP/USD To Stay Below 1.3320

Discussion in 'Technical Analysis' started by Kaitlin, Sep 15, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    GBP/USD is currently pulling back after the pair broke out of the bullish channel to the downside. The gains from the monthly pivot point at 1.3126 that acted as a strong support area yesterday should be limited by 1.3320, where supply is implied by the weekly PP, 23.6% retracement of[​IMG]

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