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  • but the next major point in my view to monitor will be 52.76 - at least in the short term.
GBP/USD

GBP/USD

2010-07-20 13:51:00
Thomas Long, Course Instructor
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The previous buy side high of 1.55245 has to be broken for any further move up, but as of yet the pair does not seem to have the momentum. Traders could look for selling opportunities on this pair until the market is able to move up through that resistance offer by the previous high and at that point, start to look for buys.

gbpusd 720

 

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