Forex technical analysis: GBPUSD retraces back to the high/resistance - ConsultFX

Forex technical analysis: GBPUSD retraces back to the high/resistance

38.2% retracement and swing high from August The GBPUSD has swung back higher on the back of EU/Brexit news, and in the process is back up from when the decline today started. That level comes in at the 1.3266/67 level.   Looking at the daily chart below, the level corresponds with the 38.2% of the move down Copyright 2015 Forexlive.com