Daily Analysis on 23rd July 2008
Hello All
GBP/USD
Let's take a look on this daily chart
Yesterday candle is closed below the green line, it mean that we have a signal to go short (sell) and it mean make 38.2 fibonaci line (2.0029) as a resistance line. it'll go at least to 1.9840 then to 1.9760 then to 1.9560.
But, be careful because today we will have BOE minute at 8.30 GMT.
Forecast :
Swing Trader : Down
Recomendation:
Swing Trader : Sell TP: 1.9840, SL: 2.0035
Good Luck all
Last edited by PipDiddy; 07-25-2008 at 04:06 PM.
Reason: Link Violation
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