The GBPUSD has moved lower since forming a pin bar reversal off key 1.6300 resistance back on September 21st. The market has been chopping lower in a somewhat volatile fashion, but we could see more downside movement next week unless this market can get some serious traction to the upside. Next support is seen near 1.5910.
Forex Trade Setups Commentary
GBPUSD Continues to Grind Lower
Sat, Oct 6 2012, 00:31 GMT
by
Nial Fuller
|
Learn To Trade The Market
The GBPUSD has moved lower since forming a pin bar reversal off key 1.6300 resistance back on September 21st. The market has been chopping lower in a somewhat volatile fashion, but we could see more downside movement next week unless this market can get some serious traction to the upside. Next support is seen near 1.5910.





