Monday, September 13, 2010

13 Sep 2010

GBP/USD Analysis:

A good morning up movement.

Still trading in price range of 1.532/30 and 1.548/1.550.

Waiting for the break in either direction, which target at 1.566 or 1.520.

Bad sentiments from Europe seems to be gone and the market is again picking up. USD is weak on trading and it gives the GBP a possible run up.

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