GBPUSD Outlook
The GBPUSD attempted to continued it’s bullish momentum yesterday. The pair topped at 1.6471 but the bullish power seemed limited as the pair closed lower at 1.6356. The bias is neutral in nearest term but bullish scenario in medium term remains intact. Immediate support is seen at 1.6315 followed by 1.6215. Initial resistance at 1.6471 (yesterday’s high) Break above that area should trigger further bullish momentum retesting 1.6660 area.CCI in neutral area on h1 chart.
Thursday, June 11, 2009
11 jun
Posted by jerteh at 7:52 AM
Labels: Forex Trading Guides
Subscribe to:
Post Comments (Atom)
0 Comments:
Post a Comment