A Very Big Deal

GBPUSD DAILY

After regaining the big 1.60 psych level early this week, $GBPUSD is poised to close this week back below 1.60. After last week’s close, this is a VERY big deal.

LAR interview November 8 2013

click to watch

Earlier this morning, I chatted with Dale Pinkert in the FXStreet’s Live Analysis Room (LAR) where I explain this possibilities for this $GBPUSD chart and other GBP pairs, including $EURGBP, $GBPAUD, $GBPJPY.

Read also:

Big Deal (FaithMightFX)

This rally looked good until it didn’t. (FaithMightFX)

Peter, himself a GBP legend even though he’ll never admit it, just may be right about cable after all. (Peter Brandt)

 

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