Friday, April 19, 2013

GBPUSD Trendline And Support-Resistance Levels GBPUSD Support
GBPUSD price action is well respecting this trendline. First it started with support and when broken it turned into resistance, which when broken upside, turned support again. 

Currently it is acting as resistance on any spike. Now the price is between the trendline and support area. 
On any dips, I am expecting the support to hold and to push prices higher. 

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