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Technical Analysis Daily: GBP/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Jan 9, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    As a result of the BOE's decision to lower interest rates with 50 b.p., to 1.5%, the Pound/Dollar increased sharply yesterday to the top 1.5372 and closed the day of 1.5214. Although the current short term upward impulse is quite significant, technically, it is too early to say that long...

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