Forex Trading: GBPUSD testing upside resistance

Forex Trading: GBPUSD testing upside resistance

Published by InformedTrades
05-15-2008

Forex Trading: GBPUSD testing upside resistance

Forex Trading: GBPUSD testing upside resistance

The GBPUSD has upside resistance that the market is testing today. The 1.9498 level is the 50% retracement level of the move lower from the May 12th high. The 1.9484 level has both the 100 hour moving average and the down trendline from ...

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