02-04-2006, 14:12
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#1
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level 3
Join Date: Nov 2005
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GBP/USD Forecast updated on New York 2nd April 2:02 PM
1.7373 GBP/USD is in an uptrend directly by daily fibonacci retracements.
==> We could take a Long position at 1.7373. we will put the stop loss above 1.7323 (-50 pips). The targets are as 1.7423(+50pips).
Resistance :
1.7597 - 1.7537 - 1.7455
Support :
1.7313 - 1.7253 - 1.7171
regards,
k.n.v
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