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Technical Analysis Daily: GBP/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Nov 20, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Pound/Dollar made descending movement on Thursday, as expected, reaching a bottom at 1.6607 and closing the day at 1.6664. On the bigger picture on the 3 hour chart quotes are testing the lower limit of the bullish channel at 1.6280, which indicates a key support level. Our short term expectations...

    complete article here...

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