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Sunday, 22 November 2009 GMT
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British Pound Trendline Break
Monday, 24 November 2008 18:36:17 GMT
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- Monday, 05 October 2009 21:08:32 GMT Daily Pivot Points
The GBPUSD has broken above a trendline that is drawn off of the 10/20, 10/30, and 11/19 highs. The break is in line with the observation in the Daily Technicals that the GBPUSD is probably headed back to at least 1.55. Look for support just above 1.50. A short term support line intersects a reaction low from earlier today at 1.5013 during Asian trading tonight (7 pm eastern to be exact)
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