GBP/USD – The short-term bounce is fading

• GBP/USD is losing its short-term bullish momentum. A break of the hourly support at 1.6186 (11/09/2014 low) would open the way for a test of the recent low at 1.6052. Hourly resistances can now be found at 1.6279 (15/09/2014 high) and 1.6340 (05/09/2014 high). • In the longer term, prices have …

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GBP/USD – The short-term bounce is fading

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