British Pound / U.S. Dollar
Updated

Week 1/31 - 2/5/16 GBPUSD Technical Outlook

98
After last week's decent, price is not rebounded at the 38.2% level or 1.4250 towards the end of last week.
Note
On the 15 Minute chart, you can clearly see the 1.4250 level is rejection the rally. Will this still be the case? How long will it hold?
snapshot
Note
price is now* rebounded at the 38.2%
Note
Opportunity is no longer valid as price moved well above the 1.4250 level.
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