British Pound Technical Outlook

Published July 28th, 2009 - 06:24 GMT
Al Bawaba
Al Bawaba


A triangle is nearing completion in the GBPUSD.  The pair is vulnerable to a drop below 1.6260 prior to breaking higher and test of 1.700.  Support is below 1.6260 and 1.6030 is the bullish line in the sand.