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The Daily Picture: GBP/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Oct 29, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    To the downside, break lower of current consolidation pattern will result as a pullback on 1.5850 levels. If the the support extending from 1.5740 to 1.5870 can't hold & reject prices higher, a pullback in the main triangle is considered as negative. Then, 1.5670 & 1.5530 are next downside objective,...

    complete article here...

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