GBP/USD heading to the 1.56 support for the 4th time!

gbp-usd 02.12.

If ‘somebody’ don’t stop the GBP/USD fall, 1.56 support could broke!? I am little kidding, but this support is in danger if the pair fell down for the 4th time. Extremely bearish pair from July 15. find the bottom at 1.56 at November 14. but pound can’t recover the loss and keep coming back testing this support three times already. Keep watching traders!

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One comment

  • It looks like ‘someone’ had read my analysis and stop the decline before 1.5600! 🙂

    Like

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