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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on April 12, 2010, 05:04:00 am

Title: GBPUSD: Holds Above The 1.5380 Level With Caution
Post by: pranjali on April 12, 2010, 05:04:00 am
GBPUSD: Holds Above The 1.5380 Level With Caution
         


The pair is now holding and trading above its key resistance at the 1.5380/9 levels, its April 08'10/ Mar 17'10 highs. The ability of the pair to hold above there will determine the continuation of its recovery started from its 2010 low at 1.4782. The immediate risk is a close...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/gbpusd%3a-holds-above-the-1.5380-level-with-caution-20100412110740/