Updated the:

01/12/2011

GBP/USD Technical Analysis comments :

Sentiment:

sentiment

The pair GBP/USD finaly continued its bullish movement above 1.5561 (our pivot point). We maintain to trade only long positions as far as this level is support. The breakout of 1.5628 (level 50%) just gave us a new buy signal. The next resistance is at 1.5695 (level 61.80%). The breakout of this level will give a new buy signal.

GBP/USD

GBP/USD