Updated the:

01/17/2011

GBP/USD Technical Analysis comments :

Sentiment:sentiment

The pair GBP/USD seems to make a break in its bullish rallye but continues to move above the support at 1.5845. We maintain to trade only long positions as far as 1.58 is support. The breakout of 1.5910 (full retracement of the last bearish movement) will give a new buy signal. However, if 1.58 is broken, we will be neutral.

GBP/USD

GBP/USD