GBPUSD could be in trouble if it stays below 1.3000 - The big area to watch is at 1.2860/75

Discussion in 'Technical Analysis' started by ForexLive, Sep 20, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    It's not looking good for the pound We can't say the signs weren't there about the 1.30 level. The slow crawl up from the test yesterday, the quick return back today. 1.30 put up still support over the last couple of hours but it's now gone in a rush. We've already seen resistance coming in at 1.2990, and now at 1.2980.

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