Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on February 25, 2010, 05:01:54 am
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GBPUSD - Bear Pressure Targets The 1.5276/1.5000 levels
The pair has decisively broken below its 2010 low at 1.5343 and is now threatening the 1.5276 level, its .50 Fib Ret (1.3501-1.7041 rally).This fresh bear offensive is coming on the heels of a 1.5574 high failure on Jan 23'10. We are now looking for a break of the 1.5276...
http://www.actionforex.com/technical-analysis/daily-forex-technicals/gbpusd-%11-bear-pressure-targets-the-1.5276%101.5000-levels-20100225107532/