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GBP/USD Mid-Day Outlook

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, Jan 31, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    GBP/USD continues to engage in sideway consolidation in tight range below 1.9957. As discussed before, with 4 hours MACD staying below signal line, an intraday top is in place and further consolidation should be seen, with risk of pull back to 4 hours 55 EMA (now at 1.9771). But still,...

    complete article here...

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