GBPUSD: Weakness Suggestive Of A break Of The 1.5706 Level
With the pair sailing through its hammer/Feb01Â’10/2010 lows at 1.5849/30 to resume its weakness from the 1.6875 level and close lower at 1.5765 on Thursday, we envisage a likely break of the 1.5706 level, its Oct 13Â’09 low/range lows as GBP was seen following through lower in early trading today....
http://www.actionforex.com/technical-analysis/daily-forex-technicals/gbpusd%3a-weakness-suggestive-of-a-break-of-the-1.5706-level-20100205106135/