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Author Topic: The Daily Forecaster: GBPUSD  (Read 4608 times)
pranjali
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« on: March 15, 2010, 11:07:09 pm »

The Daily Forecaster: GBPUSD
         


The 1.4989-05 area appears to be the crucial support that needs to hold for another rally to develop. Thus only breach would threaten direct resumption of the underlying downtrend to the 1.4855-75 area initially and later to retest the 1.4782 low.
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/the-daily-forecaster%3a-gbpusd-20100315108889/
         
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