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GBP/USD Makes a Solid Push Back Above 1.60

Discussion in 'Technical Analysis' started by ActionForex.com, Jun 9, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The Cable has propelled from our 3rd tier uptrend line to make a solid run past the psychological 1.60 level. While the performance of the GBP/USD over the last 24 hours has been encouraging, the upward movement came with relatively weak volume as compared to last week’s pullback. Regardless, bulls...

    complete article here...

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