GBP/USD 1.44 is Really Important
Chart Prepared by Jamie Saettele, CMT
-After holding up for several days, GBP/USD broke below the line that extends off of the 1985 and 2009 lows. The expansion of the 2015 range is 1.3202. If the current drop is towards this level, then 1.4400 (underside of the long term line) likely provides resistance.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.