GBP/USD Daily Commentary
May 27, 2009 by admin · Leave a Comment
The Cable continues its incredible run and is currently working to climb above our 2nd tier downtrend line and the psychological 1.60 level. Our 2nd tier downtrend line is a critical obstacle since it stretches back to July 2008 highs, forming our last foreseeable blockade for the medium-term. Hence, even…
