GBP/USD – Technical Condition and Levels

Deceleration: GBP/USD has been falling from a false break above 1.63 at the end of 2012. Since 2/8/2013, it has been trading down a falling channel. However, 2/19 price action has anchored out of this channel with sideways price action. Since late last week, you can see that cable’s fall in prices…

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GBP/USD – Technical Condition and Levels