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| | |-+  GBP/USD in Short-term Range; EUR/USD Continues Decline
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Author Topic: GBP/USD in Short-term Range; EUR/USD Continues Decline  (Read 2192 times)
pranjali
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« on: January 27, 2010, 11:00:24 am »
GBP/USD in Short-term Range; EUR/USD Continues Decline
         

4H and 1H: The latest adjustment for GBP/USD was to turn the short-term outlook from bearish to ranging. The EUR/USD had a stronger bearish indication through yesterday's price action. The range is roughly between 1.6100 and 1.6270. The market's very weak second attempt to retest 1.610 should have cautioned against...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/gbp%10usd-in-short%11term-range;-eur%10usd-continues-decline-20100127105441/
         
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