GBPUSD breaks above 1.4706 key resistance, suggesting that the short term downtrend from 1.5372 has completed. Further rebound could be seen to 1.5000 zone in a couple of days. Initial support is at 1.4469, only fall below this level will signal deeper decline towards 1.4100 level.
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Forex Cycle. See more
January 27th, 2009 at 7:59 pm
Wow! Thank you very much!
I always wanted to write in my site something like that. Can I take part of your post to my site?
Of course, I will add backlink?
Regards, Reader