Pound finds a home at old support after construction falls down

1.5030 has been a level to watch recently and it's done the job again today...so far

I may get accused of having loads of lines on my charts but they're there for a reason, until that reason no longer exists. 1.5030 was one level I had marked some time ago and we saw the action there late last week

GBPUSD H4 chart

It became protection of 1.50 last week and that level itself played hardball. Expect the same sort of action again of we have another look lower

Featured Videos