Wednesday 24 September 2014

GBPUSD Daily Analysis - September 25, 2014 Forex Analysis

GBPUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 1.6051 had completed at 1.6524 already. Deeper decline to test 1.6283 support could be seen, a breakdown below this level will target 1.6100 area. Resistance is at 1.6420, only break above this level could trigger another rise towards 1.6700.



gbpusd chart






For more short term forex analysis and info visit via GBPUSD Daily Analysis - September 25, 2014 . Thanks for your support.

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