Tuesday, August 4, 2009

GBP/USD Technical Report

The GBP/USD continued a chain of inclines yesterday, and achieving 1.7000 levels the direction continues towards the upside and the next target is continuing pressure on 1.7000 to achieve an upside intraday trend that supports the upside short term direction, reaching levels 1.7580, but before inclining to achieve the desired targets. It is expected incline will prevail if 1.6835 remains intact.

No comments:

Post a Comment