GBP/USD Classical 07.06
Gbp/Usd: Although the market is currently in the process of undergoing some medium-term corrective upside, the broader downtrend still remains intact, and we look for any gains to easily stall out ahead of 1.5500 in favor of bearish resumption back towards 1.4500 and then 1.4000 further down.
Written by Joel Kruger, Technical Currency Strategist for DailyFX.com
If you wish to receive Joel's reports in a more timely fashion, e-mail email@example.com and you will be added to the " " list.
If you wish to discuss this topic or any other feel free to visit our Forum page
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.