1. Home
  2. BUSINESS
  3. GBPUSD Reverses at Top of Channel

GBPUSD Reverses at Top of Channel

Published May 28th, 2009 - 12:37 GMT
Al Bawaba
Al Bawaba

After trading higher during the US session and slighty exceeding the top of a parallel channel, the GBPUSD has reversed lower to close the day below 1.6000.  RSI is overbought and divergent at the high on intraday charts as well. 




Loading content ...

Subscribe

Sign up to our newsletter for exclusive updates and enhanced content
Subscribe Now