What's going on with GBP/USD?

Those of you that are trend followers are probably eagerly watching GBP/USD to see if its latest 4.38% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 21 days move.

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What’s going on with GBP/USD?

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Support line breached by 10 year US Treasury Note JUNE 2022. This price has been tested at least twice before.

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Important price line breached by FRA40. This price has been tested numerous times before.

If EUR/USD touches 1.0620 it may be time to take action.

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USD/CHF – breach of price line that’s been previously tested numerous times before

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What’s going on with GBP/USD?

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