Πέμπτη 21 Απριλίου 2016

Technical Analysis GBP/USD

GPUSD failed to challenge the 1.4450 area and has since retreated sharply yesterday's intraday high at 1.4416. it now remains to be seen if 1.43000 will hold from which a base could be formed for a further move up. A break below 1.4280 would suggest further downside action.
the 1.4450 and ultimately 1.4500 levels. However the market is vulnerable to the downside on any news favourable to the LEAVE campaign over Brexit, in which case technicals may not be respected.

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