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Author Topic: GBP/USD Weekly Outlook  (Read 1691 times)
Hemant
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« on: March 05, 2011, 11:00:58 pm »
GBP/USD Weekly Outlook

GBP/USD edged higher to 1.6343 last week but lost momentum again. Nevertheless, we'll still favor another rise with 1.6214 minor support intact and above 1.6343 will target 61.8% projection of 1.4230 to 1.6298 from 1.5343 at 1.6621 next. On the downside, below 1.6214 minor support will dampen this view and<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/GgCiEKDo6Mk" height="1" width="1"/>

Source: GBP/USD Weekly Outlook
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