GBP/USD Trendline Breakout

Discussion in 'Forex' started by DannyBly1, Jun 26, 2008.

  1. GBP/USD has broken the major downtrendline and rallied to the 50% level of the recent downmove. RSI remains bullish. The next major 50% retracement level is at 202.61.

  2. if you put some forks on a 4hr, you'll see this. US data today will

    have an effect, but dont be buying right here imo. ...for some

    reason my damn jpeg pic wont upload