Quantcast

Forex technical analysis: GBPUSD rebounds and tests post-Brexit level. Stalls.

1.34439 tested and held. What next?
I have been talking about the 1.34439-1.3532 area as a level to eye in the GBPUSD (if you are a reader of FXL – see weekly chart below).  The area represents the swing highs post-Brexit. 1.3532 was the high in June 2016.  1.3479 was the high in September 2016. The