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Forex pairs in this Article » GBP/USD
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Talking Points

  • Prices are testing resistance at 1.6406 (trend line from July 2013, 38.2% Fib exp.)
  • A break higher targets 1.6577 (50% Fib expansion)
  • Falling channel resistance-turned-support is at 1.6221
Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_gbp-usd_body_Picture_12.png, Forex: GBP/USD Technical Analysis – Struggling at 1.64 FigureDaily Chart - Created Using FXCM Marketscope 2.0



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