Archive for July 17th, 2010
GBPUSD broke above price channel
By ForexCycle.com at 17 July, 2010, 3:15 am
GBPUSD broke above the falling price channel on daily chart and is facing 1.5522 key resistance. Minor consolidation would more likely be seen next week before breaking above this level and the trading range would be within 1.4940-1.5470. However, another rise towards 1.5522 key resistance is still possible after consolidation, and …
