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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 (1.6034)
  • Resistance is now at 1.6259 (October 1 high, trend line from early July)
  • Back below 1.6034 sees support at 1.5899 (23.6% Fib expansion)
Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_gbp-usd_body_Picture_11.png, Forex: GBP/USD Technical Analysis – Double Top Back in FocusDaily Chart - Created Using FXCM Marketscope 2.0

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