GBPUSD Breaks Yearly Resistance

The GBPUSD slipped above the descending trend line that has contained price action for over a year following the post FOMC decision.  IF the pair can remain above this level the cross could push up towards the 1.63 level over the next few trading days.  If the cross slips back below the trend line a move back towards 1.6030 could finish the week out.

Sup   1.6030

Res   1.6180         1.63

Keane Plan....Watching the decending yearly trend line around 1.6135...Bull/Bear line

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