Updated the:

01/19/2011

GBP/USD Technical Analysis comments :

Sentiment:

sentiment

The pair GBP/USD continued its bullish movement and 1.6058 finaly gave resistance. Then, the pair made a pullback on 1.5961. We maintain to trade only long positions as far as this level is support. The breakout of 1.6058 will give a new buy signal. The next resistance is at 1.6150. However, if 1.5961 is broken, we will be neutral.

GBP/USD

GBP/USD