GBP/USD Technical Analysis (British Pound / US Dollar)
February 7, 2013 1:33 AM EST
|GBP/USD : Downtrend triggered|
--- Follow up analysis ---
We continue to advise short positions as far as 1.5815 is resistance. The bearish sentiment is reinforced by the presence of a new short-term downtrend channel (brown lines). The support at 1.55 is now our next target. This level should be achieved if the minor support at 1.56 is broken.
In case of return above 1.5815, we will be neutral between this level and 1.5883.
Analysis published by Bruno, the 02/06/2013 at 08h30 GMT+2
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