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MoneyMakerGroup _ Archives _ ActionForex Reports - GBP/USD Weekly Outlook

Posted by: MMG News Mar 29 2009, 04:19 AM

GBP/USD reversed and fell sharply after hitting 1.4778 last week and the development suggests that a short term top is formed. Initial bias will remain on the downside this week. Break of 1.4230 cluster support will confirm this case and bring deeper fall to retest 1.3654 support. On the upside,...

http://www.actionforex.com/action-insight/gbpusd-outlook/gbp%10usd-weekly-outlook-2009032983320/