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Trader.Artist21
Sep 19, 2014 1:42 PM

GBPUSD  

British Pound/U.S. DollarFXCM

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mrwildebeast
Price action hit the 34 DAY MA last night ( @1.652xx )and bounced back, I can't see that being broken for another week or two, time for some buying power to release, institutions lag with their decisions as they manage by comittee, we could see a decisive move late next weeek is my guess up through that 34MA which will be around 1.6400 by then, 1.66xx would be the next logical resistance of any meaning.

Cheers
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