GBP/USD has fallen towards important support at 1.5850 with a low of 1.5860 so far.
I’ve had my eye on this level for a while potentially being a big tipping point for the pair.
GBP/USD Daily chart 06 11 2014
If the level breaks then it could be flushy flushy. If you’re so obliged, then a long from the level might want to be kept pretty tight. If we go through then look for a retest to hold to confirm.
Not hearing any news for the move at the moment but as soon as we do we’ll bring it to you.
