GBPUSD Technical Update – Weekly, Daily H1 Chart Overview

Starting with the GBPUSD weekly analysis chart, we note that cable is trading just above the 1.5000 round number after breaking below the following key technical areas: The longer term ascending trend line, stemming from Jan 2009 and the highlighted triangle consolidation pattern. The GBPUSD ran…

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GBPUSD Technical Update – Weekly, Daily H1 Chart Overview