British Pound at Major Monthly Resistance Level

١٣ يوليو ٢٠١٤

With the pound on a rampage the question is, Will anyone stick their neck out for a short? Well I'm going to be watching this pair very closely over the next week. We've run into a major support/resistance level on the monthly chart.

The lower timeframes are still not giving me the signal I need to go short but everyone should be watching this level.