GBPUSD: Reverses Higher, Targets The 1.6075 Level
As we warned on Tuesday of its hammer formation triggering a recovery higher, that has occurred and a build up on that strength is now underway suggesting we could see further gains towards its Jan 22Â’10 low at 1.6076. That level is a strong pivot and should reverse roles and...
http://www.actionforex.com/technical-analysis/daily-forex-technicals/gbpusd%3a-reverses-higher,-targets-the-1.6075-level-20100203105937/