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Short Term Analysis
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GBPUSD might be forming a short term cycle bottom
Tue, Jul 22 2008, 02:22 GMT
by Franco Shao
GBPUSD might be forming a short term cycle bottom at 1.9906 on 4-hour chart. Sideways consolidation in a range between 1.9906 and 2.0158 could be seen before breaking above 2.0158 level. One more rise towards 2.0391 (Mar 14 high) is still possible after consolidation.
Published on Tue, Jul 22 2008, 02:25 GMT
Archive
- GBPUSD remains in down trend
Published On Thu, Oct 9 2008, 00:57 GMT - USDCHF pulls back from 1.1486
Published On Thu, Oct 9 2008, 00:54 GMT - EURUSD breaks above the down trend line
Published On Wed, Oct 8 2008, 01:52 GMT - USDCHF formed a short term cycle bottom at 1.1128
Published On Tue, Oct 7 2008, 00:51 GMT - GBPUSD rebounds from 1.7551
Published On Mon, Oct 6 2008, 01:18 GMT
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