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Author Topic: GBP/USD Mid-Day Outlook  (Read 3951 times)
Hemant
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« on: March 07, 2011, 05:04:25 pm »
GBP/USD Mid-Day Outlook

With 1.6214 minor support intact, we'd continue to favor further rally in GBP/USD 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 turn bias neutral. Further break of 1.6030 support will<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/GZ7WR6Z7JlY" height="1" width="1"/>

Source: GBP/USD Mid-Day Outlook
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