GBPUSD at Top of Short Term Range (DailyFX)

[DailyFX]

The GBPUSD is failing at the top of a short term channel. This channel is spurious, meaning that it is not defined by Elliott waves. such channels do not...

complete story here... (http://www.dailyfx.com/story/market_alerts/technical_alert/GBPUSD_at_Top_of_Short_1245421860172.html)