GBP/USD: Pound tested 1.6405 support level

According to Mohammed Isah, technical analyst at a retest of mid-term hiigh at 1.6662 could be ahead this week: "While a marginal higher close was seen the past week, we continue to see risk of a retest of the pair’s medium term high residing at the 1.6662. A break through there will trigger the resumption of that trend towards the 1.6673 level, its Oct 30’08 high and then the 1.7000 level, its big psycho level."
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