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GBPUSD Intraday Break-Out Approaching
Submitted by 24livefx from blog
Feb 13, 2009


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The USD/GBP has been consolidating since coming off this morning’s intraday low near 1.4360. A break above the bear trendline (in red) will most likely lead to a bullish continuation up to key intraday support near 1.4511 (61.8% of XA) or 1.4553 (78.6% of XA). Both levels reflect the completion of bearish Gartley patterns in [...]

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