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FX Thoughts for the Day

Discussion in 'Technical Analysis' started by ActionForex.com, Dec 15, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    GBP-USD @ 1.4960/64... Below 1.50 again. Unable to rise beyond 1.5070, the pair has dipped below 1.50 again. With some Support from the 21-SMA on the 4-hourly at 1.4930, there is a chance of the pair bouncing back above 1.50 once again. However, the chances of a rise towards 1.5200...

    complete article here...

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