GBP/USD Mid-Day Outlook
Written by actionforex.com Tuesday, 10 August 2010 13:53
Intraday bias in GBP/USD remains on the downside for the moment. As noted before, a short term top is formed at 1.5997 after hitting 61.8% retracement of 1.7043 to 1.4230 at 1.5968. Further decline should be seen towards near term rising trend line (now at 1.5461). Decisive break there will
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Latest Update on Thursday, 23 February 2012 - 06:10 (GMT+0)