After having tested the 1st target of 1.4479, we may now see the pair moving lower to 1.4682 // 1.4424.
The resistance can now be seen at 1.5054 // 1.5091 // 1.5126.
The big picture view for GBPUSD continues to remain weak.
Tuesday, May 11, 2010
GBPUSD 60 Mins - by Nayan Bipin Doshi
After having tested the 1st target of 1.4479, we may now see the pair moving lower to 1.4682 // 1.4424.
The resistance can now be seen at 1.5054 // 1.5091 // 1.5126.
The big picture view for GBPUSD continues to remain weak.
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