The Traderszone Network

Published in TZ Latest News 26 April, 2017 by The TZ Newswire Staff

GBPUSD runs, but into the resistance wall

…well perhaps it moved it a little but only by a couple pips
The GBPUSD ran higher into the 4 PM London fixing. The price moved up from 1.2832 up to a high of 1.28627, but that run higher ran into the resistance wall at the April 19th high at 1.28596 (.  So the pair did crack the wall, but so far, the wall has won.