GBP/USD – The resistance at 1.6043 is challenged

• GBP/USD is challenging the resistance at 1.6043 (see also high of the declining channel). An hourly support is at 1.5989 (30/11/2012 low). Another support is at 1.5962 (28/11/2012 low). • GBP/USD is likely moving in a long-term horizontal range. The break of the support at 1.5914 (23/10/2012…

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GBP/USD – The resistance at 1.6043 is challenged