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FX Thoughts for the Day

Discussion in 'Technical Analysis' started by ActionForex.com, Jan 28, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    GBP-USD remains in an overall downtrend, inspite of sharp pullback in the last 4 days of last week after a low of 1.9337 was seen on 22-Jan, just before the US Fed cut rates. On the weekly charts, it is just below an important Resistance of 1.9870-80, on the...

    complete article here...

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