GBP/USD Awaiting Short-term Consolidation Breakout

January 24, 2013 by  
Filed under FX News

Consolidation: GBP/USD has been in a consolidation range this week as you can see in the 1H chart. The range is roughly between 1.5893 and 1.5804. While this week’s price action is directionless, there is a slight bearish bias in the short-term as the trend is to the downside entering

Technical Analysis

Print Friendly
Share in top social networks!

Comments are closed.