Dc5

Sell at around 1.24400

OANDA:GBPUSD   British Pound / U.S. Dollar
5
It seems that the old trend support at around 1.2350~60 is holding for a while that brings the price on an uphill struggle. For those who are on a bid position like myself, I may suggest to exit the position and sell at around 1.24400. However, since the present price is in the old price channel between 1.2350~60 and 1.2510~20, a bit of caution is very useful if the present price breaks above 1.24500.
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