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Long Road ahead for the GBP/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Jul 26, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The Pound has gained considerable strength over the USD in the past month and now nears a potential bottleneck in its ascent.The GBP/USD has been in a strong upward trend that has traded mostly within an upward channel. Currently the pair is testing the 100 ema and the lower bound...

    complete article here...

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