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Forex Technical Update

Discussion in 'Technical Analysis' started by ActionForex.com, Jan 29, 2010.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    GBPUSD is currently trading at 1.6130 levels and and is having a strong resistance of 1.6250 level (trendline Resistance). Downside correction is expected near 1.60 levels. Since Euro is leading the show with further bearishness we could test 1.5800 levels.(GBPUSD – 1.6130) Bearish

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