4 votes Vote story as "Fresh"
0 votes Vote story as "Stale"
The GBPUSD extended to new highs today but has since come off in a corrective market. The 38.2% of the move down from the April 30th high comes in at 1.56613. The GBPUSD reached a high of 1.5676 today but backed off. THe price today also moved above trend line resistance today at the 1.56445 level...more.