Updated the:

02/17/2011

GBP/USD Technical Analysis comments :

Sentiment:

sentiment

Despite a strong volatility on the pair GBP/USD, the price continues to move between 1.6060 and 1.6150. So, we are neutral. We will wait an exit of this range to take position:

- Long if 1.6150 is broken

- SHort if 1.6060 is broken

(As far as 1.61 is resistance/support according to the side of the breakout).

GBP/USD

GBP/USD