GBPUSD Today’s Analysis

Friday, July 24th, 2009

Today’s GBPUSD play would highly depend on the preliminary quarterly GDP reports today. If this news come in trumps we might see a market reaction pushing for yesterday’s high and possibly 1.6600 mark. But any negative report should set the tone for a possible 1.6330 again.

GBPUSD Risks Sentiment Rises To 1.70

Wednesday, June 24th, 2009

GBPUSD is powering ahead today from yesterday’s low of 1.6204 and is now testing strong resistance of 1.6560.

Forex Trading – Taken Out Twice Already.

Tuesday, September 18th, 2007

Sentiments are beginning to shift upward-bias on intraday. The pivot level still stands at 228.32 and we going long above 228.60/65 with near-term targets @ 229.65 and 230.50 if extended. But if the pivot is violated again, we could be seeing a further downside move with 227.75 and 227.08 as targetted possibilities.

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