GBPUSD remains in down trend and the fall from 1.8668 extends to as low as 1.7011 level. Deeper decline may be seen to 1.6750 later today. Initial resistance is at the down trend line from 1.8668 to 1.7659, now at 1.7475 level, as long as the trend line resistance holds, we’d expect downtrend to continue.
You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

















Forex Cycle. See more
Leave a Reply