GBP/USD 1 Bearish Divergence

11 ביולי 2013

Bearish Divergence noted on the hourly, Failure at 1.5200 round handle warrants a potential move back towards 1.5000 - 1.5025. This is a cloud support area as well as 50% Retracement of the recent move up.

Stop @ 1.5240
Target @ 1.5025