GBPUSD: Holds Above The 1.5380 Level With Caution
The pair is now holding and trading above its key resistance at the 1.5380/9 levels, its April 08'10/ Mar 17'10 highs. The ability of the pair to hold above there will determine the continuation of its recovery started from its 2010 low at 1.4782. The immediate risk is a close...
http://www.actionforex.com/technical-analysis/daily-forex-technicals/gbpusd%3a-holds-above-the-1.5380-level-with-caution-20100412110740/