Thursday, February 5, 2009

GBP/USD Technical outlook5/2/2009

Continue GBP / USD to raise steadily towards key resistance levels for short-term downward trend at 1.4765 based on an emerging sub-channel. 1.4350 a constant level of support to keep the chances of the husband to rise towards the levels mentioned, but necessary attention to the resolution of the interest rate on the pound sterling, which is likely to cause a decline spouse to break key support levels, which may delay the process of rising to 1.4765. Levels of trading today may be the level of support between 1.4150 and 1.4765 resistance levels is far from encouraging the general trend towards the lower level of 1.5220 and steadily aims at 1.3520 and 1.3375

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