Monday, February 13, 2006

GBP0USD retraces for a while


The cable reached down to 1.7360 around the 23.6 fib retracement of the previous month, now it is forming a weak hummer, so prices are suspected to reach 1.7460 tomorrow or around that at least. Suggested trading: buy now for 20-30 pips or according to your exist strategy.

No comments: