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Forex pairs in this Article » GBP/USD
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Talking Points

  • Prices broke above falling trend line set from late October
  • Resistance is now at 1.6259 (October 1 high, trend line from early July)
  • Back below the trend line (1.6024) sees support at 1.5899 (23.6% Fib expansion)
Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_gbp-usd_body_Picture_12.png, Forex: GBP/USD Technical Analysis – Buyers Eye October TopDaily Chart - Created Using FXCM Marketscope 2.0

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