GBPUSD Still Playing The Fib Game

The GBPUSD set a recent record last week for lack of volatility.  The pair spent the majority of its time in a 60 pip range.  The cross spent the most of the week above the .382 fib from the May lows at 1.5660.  The pair was unable to push up towards the 50 fib at 1.5782.  The 50 fib has remained elusive so far in this pair.  As long as the pair remains above the 1.5660 the 50 fib is still in play.

Sup   1.5660

Res    1.5735              1.5782

Keane Plan: Looking for a test of 1.5660 for a push higher.

 

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