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ActionForex Reports - Trade Idea: GBP/USD - Sell at 1.6755
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post Nov 13 2009, 01:09 AM
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Although cable's intra-day rebound suggests further consolidation above yesterday's low at 1.6515 would take place and recovery to 1.6750/55 cannot be ruled out, as long as resistance at 1.6799 holds, mild downside bias is seen for another decline. Below said support would bring a stronger retracement of recent upmove to...

http://www.actionforex.com/action-insight/...20091113100582/
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