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ActionForex Reports - Trade Idea: GBP/USD - Buy At 1.5225
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post Apr 12 2010, 05:14 PM
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Although yesterday's retreat from 1.5486 signals a temporary top has been formed and retracement of recent rise to 1.5312-20 (current level of the Kijun-Sen and previous resistance) is likely, reckon renewed buying interest would emerge around 1.5221-23 (current level of the Ichimoku cloud top and 38.2% Fibonacci retracement of 1.4798...

http://www.actionforex.com/action-insight/...20100413110810/
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