GBP/USD Continues to Attack the 1.60 Handle and Rising Trendlines

1.60: GBP/USD has fallen since we noted the false upside breakout of 1.63 on the 1/3 GBP/USD update. The 1H chart shows that after a recent bounce to 1.6130, cable remains pressured to the downside attacking the 1.60 handle during the 1/9/2013 US session. The latest bearish attempt is seen in a…

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GBP/USD Continues to Attack the 1.60 Handle and Rising Trendlines