Forex - Chart GBP/USD Update: Arriving at May balance low


 16:18 (GMT) 26 May

  [Forex Charts]

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Chart GBP/USD Update: Arriving at May balance low (0100-PQKH-C01)

See the data by clicking on the headline link...

Asterisk denotes strength of level

17:10 GMT - The 1.2760 low looks likely to see a test now/ early next week, with the early break from the compressed May balance trading with force all the way to the bottom of that range. This low is feasibly a male or break- a prompt rally back next week (right back to 1.30) would actually be very bullish after today's clear out. GBP Otherwise is vulnerable to a sell off to 1..25~.