Chart in Focus: GBPUSD Daily chart The GBPUSD daily chart has formed another counter-trend pin bar today, this time it created a false-break of Monday's inside bar in the process. If price breaks above the inside bar high we could see a counter-trend rally here, with resistance seen from about the 8 day EMA to 1.5640. Traders can watch for price action sell signals forming within that resistance to rejoin the downtrend.
