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Technical Analysis Daily: GBP/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Dec 9, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Yesterday the Pound/Dollar made a peak at 1.5046, but closed at 1.4890. In the long term, it appears that the currency couple has bullish moods. During the Asian session this morning there was a descending tension, supported by the overbought indicator, which may lead to a test of 1.4825, followed...

    complete article here...

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