26 June 2012
The stocks tumble yesterday, as the world worries as Spain asked for a bank bail out. More fear is on who is next - France?
The Asia market will follow suite after the Europe and US market.
As such, the slump will contiune for GBP/USD. The dowtrend will not reverse so soon with probrable rebound.
Support is at 1.547 which is possible for GBP/USD to reach it today. On the contatary the resistance is at 1.562.
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