GBPUSD: Breaks And Holds Above The 1.6409 Level

Further momentum build up saw GBP testing a high of 1.6456 as the time of this analysis today suggesting that a break and close above its key resistance at its Dec 16’09 high at 1.6409 is now shaping up. We are expecting two scenarios at this stage with the first…

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This entry was posted on Tuesday, January 19th, 2010 at 10:07 pm and is filed under Forex, Forex Trading, Forex news, Money. You can follow any responses to this entry through the RSS 2.0 feed.