Forex Forum

Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on February 12, 2010, 06:42:18 am

Title: Market Expectations: GBP/USD
Post by: pranjali on February 12, 2010, 06:42:18 am
Sterling against the U.S. dollar collided with the resistance level of 1.5705 which is an obstacle to completing the uptrend, Stochastic appears saturated in the procurement process which may lead the pair to fluctuate before the break of this level and rise to the first target 1.5800.

http://www.fxcbs.com/newsletter/images/GBPUSD.gif (http://www.fxcbs.com/newsletter/images/GBPUSD.gif)