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Author Topic: GBP/USD Mid-Day Outlook  (Read 4264 times)
Hemant
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« on: February 25, 2011, 11:05:50 am »
GBP/USD Mid-Day Outlook

Intraday bias in GBP/USD remains on the downside for the moment. As noted before, fall from 1.6271 should be the third leg of consolidation from 1.6276 and is targeting 1.5962 and possibly below. Nevertheless, we'll stay bullish in GBP/USD as long as 1.5750 support holds and expect another rally eventually.<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/I44B8wMeO8Y" height="1" width="1"/>

Source: GBP/USD Mid-Day Outlook
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