Cable Makes New Lows To 1.6000 GBP/USD managed to make a new low...

Cable Makes New Lows To 1.6000

GBP/USD managed to make a new low this session at 1.6024 to start the Christmas week of trading and complete the quarter to 1.6000 large quarter point, whole number, and major psychological level.

Next major ST support lies at 1.5801, the whole number preceding the large quarter point at 1.5750; then 1.5750 large quarter point itself; and lastly, 1.5701 - close enough to the 1.5700 whole number.

Lydia Idem Finkley

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