Sunday, May 4, 2014

GBP/USD – Retreats Below Key 1.69 Level

Over the last week the GBP/USD has been slowly moving higher towards 1.69 and in doing so reached a new four year high just above 1.6920 recently. In the couple of weeks prior it had been placing significant pressure on the resistance level around 1.6850 only to be rejected again



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