GBP/USD Surges on Improvement in Manufacturing PMI
June 1, 2009 by admin · Leave a Comment
The Cable exploded from our 2nd tier downtrend line and the psychological 1.60 level, darting to new annual highs on impressive volume. In fact, the volume compares to the action we saw during the bottom of the selloff in mid-January. Therefore, the GBP/USD is making a loud statement for its…
