Forex technical analysis: GBPUSD reaches a strong resistance area - ConsultFX

Forex technical analysis: GBPUSD reaches a strong resistance area

100 and 200 hour MA at 1.3536-396.  Post-Brexit high corrective price at 1.3532. The GBPUSD has followed the trend in the dollar lower after the lower than expected PPI data today. The run higher has taken the price to a pretty juicy resistance target. Copyright 2015 Forexlive.com