GBPUSD Tempts To Preserve The Pattern

Discussion in 'Technical Analysis' started by Kaitlin, Dec 23, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The Cable ignored rather weak US fundamentals yesterday, as bears took over the market after the UK Public Sector Borrowing results were published. As a result, the British Pound dropped 60 pips, thus, breaching the falling wedge's lower border, also making it the seventh slump in a row. Nevertheless, the[​IMG]

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