Technical Analysis – GBPUSD Hourly: back in range trading after 2-year high
(click to enlarge) Although the pound managed to make fresh 2-year highs during Tuesday’s (10 December) trading against the dollar, this momentum was not sustained and the pound fell back. 1.6464 was the highest level for the pair going back to August 2011. The pound’s move was overextended as can be seen by the very […]