Tuesday, September 28, 2010

28 Sep 2010

GBPUSD analysis:
A number of news this week.

GBP has made new high and now consolidate around 1.580/84.

Upside potential is towards 1.600, while a downside consoldidate around 1.574 and 1.567 region.

On a daily technical chart, CCI has cut the upper BB, meaning that a down is there.

As for me waiting for a sell entry around 1.583/4

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