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GBPUSD trades 1.4500. 4th handle of the trading day, but price comes off. What next?

Discussion in 'Technical Analysis' started by ForexLive, Mar 17, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Back down after printing 1.4501 The GBPUSD printed the 4th different big figure handle when it ticked to 1.4501 (1.42, 1.43, 1.44, 1.45). The time at the level was short lived as the price has quickly taken back about 40-50 pips. The range is 281 pips. So one can expect the volatility, but there is always those big figure levels that raise nervousness when they hold.

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