GBP/USD Pulls Back from February High
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-GBPUSD is once again threatening 1.68. The November 2009 high comes in at 1.6878 and the 2009 high at 1.7042. Exceeding that level opens up the September 2008 low at 1.7442.
-1.6720 is now possible support and only below 1.6662 would suggest that the market has reversed course.
LEVELS: 1.6650 1.6680 1.6720 | 1.6822 1.6878 1.6986
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