gold-forex
11-10-2009, 11:48 AM
Intraday bias in GBP/USD remains neutral for the moment. Retreat from 1.6841 might extend further to 4 hours 55 EMA (now at 1.6544). But downside should be contained above 1.6465 support and bring another rise. Above 1.6481 will target 1.7043 medium term resistance next. However, break of 1.6465 will indicate...
More... (http://www.actionforex.com/action-insight/gbpusd-outlook/gbp%10usd-mid%11day-outlook-20091110100290/)
More... (http://www.actionforex.com/action-insight/gbpusd-outlook/gbp%10usd-mid%11day-outlook-20091110100290/)