Daily Bars

Prepared by Jamie Saettele, CMT
It has been a range month for the GBPUSD between primarily 15400 and 15750. The drop to a monthly low today sets sights on the October low at 15270 but respect potential for additional range action between the current level and the mentioned 15750. The current environment is not conducive to breakouts although that may change next week.
DailyFX provides forex news on the economic reports and political events that influence the currency market.
Learn currency trading with a free practice account and charts from FXCM.

