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FX:GBPUSD Holding Posisiton at 1.6 Level

Inverval: H1

gbp-usd-testing-1.6-chart-16.01.2013

GBPUSD walks on a thin line. 1.6000 level is holding for the moment pretty well, but if the pressure will rise, it might fall, under it the price will find support at 1.5920.

On the other hand, if the buyers will prove themselves strong, will push the price back over 1.6030, triggering an up move with target at 1,6100.

For the moment we find ourselves in a waiting position

FX:GBPUSD Holding Posisiton at 1.6 Level by
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