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GBP/USD technical suggests consolidation

Initial resistance is seen at 1.5655 levels, pair consolidates just under Tuesday's 1.5655 peak Pair just shy of the 76.4% retrace of the 1.5815/1.5170 slide Day studies are overbought but require a break back below the …

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GBP/USD technical suggests consolidation
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  • Initial resistance is seen at 1.5655 levels, pair consolidates just under Tuesday's 1.5655 peak

  • Pair just shy of the 76.4% retrace of the 1.5815/1.5170 slide

  • Day studies are overbought but require a break back below the 200 DMA

 

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