GBP/USD Chart 1H 6/5/2012 11:23AM EDT The GBP/USD continues to trade within the range immediately established after the NFP release on 6/1. The range is between the 1.5280 support and 1.5440 resistance. Since then, the market traded in a triangle, and broke below that in the 6/5 Asian-European session. As we get into the 6/5 US session, the market has pulled back from 1.5325 and is now near the 1.54 level, which represents the apex of the triangle. Holding below 1.54 can give a bearish tilt,
