Friday, February 23, 2007

GBP/USD update


GBP/USD broke the 1.9600 level yesterday, and is more likely to reach at least 1.9656 or around that level which is the 50% fibonacci retracement from 1.9914-1.9400 Hi-Lo levels.
For today if you are already on a long position then wait until today's close because more likely that price will go up until the close time.

No comments: