Technical Analysis Daily: GBP/USD

Pound/Dollar made a downward movement on Tuesday, reaching the 1.5829 bottom, as expected, where a the bearish impulse was limited and the Cable started rising up up to 1.5990, closing the day at 1.5959. After the strong downward momentum on 24-25 September down to 1.5925, the British Pound was oversold…

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This entry was posted on Wednesday, September 30th, 2009 at 8:58 am and is filed under Forex, Forex Trading, Forex news, Money. You can follow any responses to this entry through the RSS 2.0 feed.