GBPUSD: Out Of Sideways Range With Prospect For 1.5276

GBPUSD: Out Of Sideways Range With Prospect For 1.5276
         

The pair has finally pushed through its Oct 13Â’09 low/range lows at 1.5706, breaking out of its broader sideways range and putting GBP on the path to further downside weakness towards the 1.5276 level, its .50 Fib Ret(1.3501-1.7041 rally). GBP has been trapped in large range between the 1.7041 and...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/gbpusd%3a-out-of-sideways-range-with-prospect-for-1.5276-20100205106169/