I feel GBPUSD has triangle pattern formed in hourly charts
pair has resistance @1.5550 and support @1.5440. trendline is coming from 19july,2012's high
it is consolidated in this range if pair break above 1.5550 then it will turn upside
MY OVERALL VIEW IS BULLISH
I AM LONG VIEW TARGETING 1.64 AND 1.68
In hourly chart, pair has formed regular bullish divergence with MACD
GBPUSD HAS STRONG SUPPORT TRENDLINE COMING FROM 3RD JUN,2012
TRIPLE REJECTING TOP @1.5740 BREAKING THIS RESISTANCE PAIR WILL GET STRONG BULLISH VIEW
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