Updated the:

01/24/2011

GBP/USD Technical Analysis comments :

Sentiment:sentiment

The pair GBP/USD got out of its neutral zone 1.5891/1.5960 from the top, giving us a buy signal. Currently, the pair is testing a pullback on 1.5960. We maintain to trade only long positions as far as 1.5891 level 23.60%) is support. The breakout of 1.6060 will give a new buy signal. However, if 1.5891 is broken, we could trade short positions.

GBP/USD

GBP/USD