- Long Term Looking at the GBP/USD monthly chart we can see a sideways movement between levels 1,70 - 1,40. Since the minimum price of January 2012, we are ranging with top at 1,64 and bottom at 1,48. If we Break up 1,64 level, the path will be free to return to the top at 1,70 area. - Medium Term We have an ascending uptrend since we broke up the 1,58 level. If this trend continues we may breakout the 1,64 level. - Short term Also in uptrend, currently in a correction. At the moment we …
- Long Term Looking at the GBP/USD monthly chart we can see a sideways movement between levels 1,70 - 1,40. Since the minimum price of January 2012, we are ranging with top at 1,64 and bottom at 1,48. If we Break up 1,64 level, the path will be free to return to the top at 1,70 area. - Medium Term We have an ascending uptrend since we broke up the 1,58 level. If this trend continues we may breakout the 1,64 level. - Short term Also in uptrend, currently in a correction. At the moment we …