Action Insight-Forex Analysis – GBP/USD Mid-Day Outlook

Intraday bias in GBP/USD remains mildly on the downside with 1.6226 minor resistance intact.

Break of 1.5983 will confirm whole fall from 1.6742 has resumed for key medium term trend line support at 1.5776. On the upside, above 1.6226 will turn intraday outlook neutral again and indicate that consolidation from…
Read more…

 Mail this post

StumbleUpon It!

Technorati Tags: ,

Tags: ,

This entry was posted on Monday, July 13th, 2009 at 4:12 pm and is filed under Forex Trading News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

«
»

Leave a Reply