Updated the:

02/02/2011

GBP/USD Technical Analysis comments :

Sentiment:

sentiment

The pair GBP/USD continued its bullish movement and the breakout of 1.6060 (level 0%) gave us a new buy signal. Currently, the pair is testing the next resistance at 1.6150. We maintain to trade only long positions as far as 1.6060 is support. The breakout of 1.6150 will give a new buy signal. The next resistance is at 1.62. However, in case of return below 1.6060, we will be neutral.

GBP/USD

GBP/USD