British Pound Breaches 26 Year High

As technical levels become increasingly stretched above the psychologically significant 2.0000 level, Cable traders look for signs of trend exhaustion before initiating a short

[I][U]Technical:[/U][/I] [B]GBP/USD[/B]

  • [B]Resistance:[/B] 2.0130
  • [B]Support:[/B] 1.9700
  • Technical analysts cite the bullish three advancing white soldiers candle pattern, expressed in today?s jumped above the April highs of 2.0133.
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