GBPUSD - On The Verge Of Retargeting The 1.5849/30 Level

GBPUSD - On The Verge Of Retargeting The 1.5849/30 Level
         

Outlook for the pair has turned towards its hammer/Feb01'10/2010 lows at 1.5849/30 and even lower following its loss of momentum at the 1.6068 level and ahead of its strong resistance at the 1.6075 level on Wednesday. We now see risk below the 1.5849 level creating further downside scope towards the...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/gbpusd-%11-on-the-verge-of-retargeting-the-1.5849%1030-level-20100204106040/