GBP/USD Diagonal Line is Near 1.7100
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-After breaking the trendline that had held since November, GBPUSD ripped higher to find fresh highs. The 2009 high (and 2005 low) rests at 1.7042. The line that extends off of the February and May highs is now of interest near 1.7100.
LEVELS: 1.6844 1.6881 1.6920 | 1.6985 1.7042 1.7100
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