GBPUSD: Deepening Corrective Weakness

GBPUSD: Having halted its nearer term recovery at 1.5239, which started from its 2010 low at 1.1875 to close lower the past week, further extension of that weakness is presently seen targeting the 1.4872 level, its July 01’10 low. A firm violation of there will push the pair further lower View full post on Technical Analysis