Chart Alert: GBP/USD’s Failure To Sustain Over 1.6300

December 23, 2012 in Chart Alert

GBP/USD saw some consolidation during the later part of the last week. Some more consolidation is expected. The daily chart shows the possible support near 1.6130 where the previous resistance should work as support and this should get strength by the current trend line.

GBP/USD Daily Chart:

GBP/USD Daily Chart- consolidation and possible supports

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