GBP/USD Nears Neckline Re-Test
DailyFX.com -
Daily
Chart Prepared by Jamie Saettele, CMT
DailyFX Trading Guides and Forecasts
-A bullish bias on GBP/USD is valid based on the head and shoulders bottoming formation but support needs to register from the top side of the neckline in order to maintain constructive for a run at 1.49.
For more analysis and trade setups (exact entry and exit) , visit SB Trade Desk
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.