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Forex pairs in this Article » GBP/USD
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Talking Points

  • Prices are testing resistance in the 1.6430-42 area (Dec 2 high, 23.6% Fib exp.)
  • A break higher on a daily closing basis initially exposes 1.6516 (38.2% Fib exp.)
  • Near-term supports are at 1.6291 (Dec 6 low), 1.6211 (falling channel top)
Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_gbp-usd_body_Picture_12.png, Forex: GBP/USD Technical Analysis – Trying to Expose 1.65 FigureDaily Chart - Created Using FXCM Marketscope 2.0

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