FX:GBPUSD   British Pound / U.S. Dollar
265 0 0
The couple was GBP / USD did not breach the resistance level at 1.6820. The level was tested three times in the short, without being violated. A strong break above this level would bring a strong movement towards the next resistance which stood near 1.70 (Maximum of 5/8/2009). The short-term bullish momentum remains intact as long as the support holds at 1.6680 zone. In the very short term, consider the two figures of inversion that were formed for some time now on the graph, a movement towards 1.6680 remains favored.
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