GBP/USD To Take Another Step Towards Down-Trend

Discussion in 'Technical Analysis' started by Kaitlin, Nov 10, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Yesterday the Cable managed to return above the 1.51 level, thus, stabilise above the September low. Although the British currency still has a lot of ground to cover between the spot price and the down-trend being retested, there are currently two clusters (around 1.5195 and 1.5340) that might prevent that[​IMG]

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