I'm sorry but I have to pull the plug on this whole forex thing due to time constraint.
Thursday, November 13, 2008
GBP/USD intraday: consolidation
Pivot: 1.499 Our preference: Short @ 1.498 with targets @ 1.4805 & 1.477 in extension. Alternative scenario: Above 1.499 look for further upside with 1.507 & 1.5165 as targets. Comment: the RSI is capped by a bearish trend line.
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