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GBP/USD Today – Hesitation At October 5th’s resistance Level

December 18, 2012 9:03 am GMT+0  in Forex Analysis

On October 5th, 2012 GBP/USD had faced a strong resistance at 1.6217 and a strong fall had taken place from there. The recent upward move had taken the currency pair as high as 1.6218 i.e. 1 pips above that level but the pair has been┬áhesitating to cross that resistance for past 23 hours. It’s BritishRead the Rest…