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GBP/USD Forecast May 30, 2012, Technical Analysis

posted by Avatar FXEmpire 360 days ago in USD, GBP, Technical made popular 360 days ago

GBP/USD fell for the session on Tuesday as the bears continue to pound away at the Pound. The 1.5650 to 1.56 level was violated, but held up at the end of the day. The area didn’t really produce much of a bounce, so this could be telling as to the strength of the support at this point. Because of this, we are looking to sell again on the first sign
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