The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.
NEW YORK ( fxtechstrategy.com) -- The pound-dollar currency pair may be hesitating and threatened by the bears, but it continues to trade and hold above its trend-line support (at 1.5803).
As long as GBP-USD holds above this line, it's likely to rise and return to its key resistance at 1.6059.
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