GBPUSD BREAKS WEEKLY HIGHS


The GBPUSD has slowly drifted higher so far this week.  The pair broke above the weekly highs and the yearly descending trend line in European trading.  A hold above 1.6090 favors a test of the descending TL at 1.6150.  If the cross falls below the 1.6090 level once again a push back towards the .382 fib at 1.60 could be in the cards.

Sup   1.6090          1.60  ( .382 Fib)

Res  1.6150

Keane Plan….Watching price action near the 1.6090 level.

To Access Yen Talk, Current KEANE TRADES in the USDJPY and EURJPY Plus the Private Twitter Feed Click HERE

Non subscribers can have a Free 1-week trial HERE

Leave a Reply