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GBP/USD Facing Key Support
Stocks, Unit trusts, Wealth Management and Forex markets

24-02-2012, 04:02 AM
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The one
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Join Date: May 2000
Location: UK
Posts: 97,291
Potenza rep: 10
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GBP/USD Facing Key Support
Since breaking the bullish channel which lasted from Jan. 13 to Feb. 3, GBP/USD has consolidated in about a 250pip wide channel (support and resistance identified by the red-dashed line seen in the chart below). The pair now faces a significant support level around the 1.5650 zone which is the
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