The GBPUSD is finally making its move. Since the 2nd of May, the pound has been confined to a 140 pip range between 1.3460 support and 1.3600 resistance. At the moment, sellers have extended today’s lows to levels not seen since late December of last year. However, with six hours to go until the session close at 5 pm EST (New York close charts), anything can happen. Of course, if you think a 4-hour close below 1.3460 is enough to get the job done, then the GBPUSD has already broken down. As for me, I’ll need to see a daily close below the level before further deliberation. If sellers manage a 5 pm EST close below ... (full story)