GBPUSD broke below 1.5034 support, and the downward movement from 1.5785 extended to as low as 1.4971. Further decline could be expected, and next target would be at 1.4700 area. Key resistance is at 1.5268, only break above this level could signal completion of the downtrend.
For more short term forex analysis and info visit via GBPUSD Daily Analysis - January 23, 2015 . Thanks for your support.
No comments:
Post a Comment