Forex: GBP/USD needs 1.5730/40 to extend retracement- Windsor Brokers

(Last Updated On: May 28, 2012)

Forex: GBP/USD needs 1.5730/40 to extend retracement- Windsor Brokers

Fxstreet.com

The GBP/USD has been able to keep above 1.5640 (for now) after the extensive fall in May. Risks on the downside are still very high, and the loss of the 1.5700 handle keeps bears in play.

 

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I think the GBPUSD will go down further up to 1.525

 

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