GBP/USD daily chart

By: Eamonn Sheridan

The procession of ugly charts continue. And just get uglier. Anything towards 1.5300/1.5400 looks like big resistance now on GBP/USD. As always, happy to hear an alternative take on things. Click on chart to make it much, much huger: [caption id="attachment_280462" align="aligncenter" width="330" caption="Source: Bloomberg"][/caption]