Monday, April 15, 2013

Forex Analysis: GBP/USD Retreats from Key Resistance

GBP/USD (daily chart) as of April 15, 2013 has tentatively retreated from key resistance around the 1.5400 price region, which is also right around the 38.2% Fibonacci retracement of the steep plunge from the 1.6300 area in the beginning of the year to the 1.4830 low in mid-March. The upside correction within the past month
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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