GBPUSD: Corrective Recovery Still In Force
The pair may have capped its recovery initiated from the 1.4796 level, its Mar 25'10 low and tumbled lower to wipe out almost all of its Thursday gains today but while that decline is limited to its Mar 23'10 high at 1.5110, we think GBP should recapture the 1.5297 level,...
http://www.actionforex.com/technical-analysis/daily-forex-technicals/gbpusd%3a-corrective-recovery-still-in-force-20100402110219/