1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

GBP/USD in Short-term Range; EUR/USD Continues Decline

Discussion in 'Technical Analysis' started by ActionForex.com, Jan 27, 2010.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    4H and 1H: The latest adjustment for GBP/USD was to turn the short-term outlook from bearish to ranging. The EUR/USD had a stronger bearish indication through yesterday's price action. The range is roughly between 1.6100 and 1.6270. The market's very weak second attempt to retest 1.610 should have cautioned against...

    complete article here...

Share This Page