Forex technical analysis: GBPUSD rallies to overhead resistance and backs off - ConsultFX

Forex technical analysis: GBPUSD rallies to overhead resistance and backs off

Key area tested The dollar sell off after the FOMC statement, took the price up to and briefly above, the underside of the broken trend line at 1.33816 and the 100 bar MA on the 4-hour chart at 1.33764. The high price reached 1.3385. The price is currently trading at 1.3368 area.  Copyright 2015 Forexlive.com