GBPUSD at important juncture

British Pound/U.S. DollarFXCM

Description

⋅ Jan 17, 2014 4:48 AM

sitting at monthly Pivot Point support and what looks to be an end of a wedge, we should see breakout, direction will the apparent when that happens

Comments

Pink_Grasshopper

⋅ Jan 17, 2014 12:27 PM

price at resistance, monthly PP and upper wedge boundary (my sketch of it above is indeed somewhat lacking precision). This is not a breakout yet