GBP/USD Buy Signal At 1.5678

Sun, Feb 5, 2012 Here’s an example of a buy signal on the GBP/USD hourly chart at 1.5678. The Pound/Dollar hit a high of 1.5881 (+203 pips) before retracing back to recent levels (1.5812). Next resistances at 1.5890, followed by 1.6090.