50% retracement: GBP/USD continued to slide after breaking below a rising trendline as noted in the previous GBP/USD update. Since the break last Friday, cable has edged lower until it hit 50% retracement of the 1.5267-1.6380 bull run from June 1 to
50% retracement: GBP/USD continued to slide after breaking below a rising trendline as noted in the previous GBP/USD update. Since the break last Friday, cable has edged lower until it hit 50% retracement of the 1.5267-1.6380 bull run from June 1 to