Wednesday, May 21, 2008

GBP/USD Daily Outlook

Outlook in cable remains unchanged. Mild bullish convergence conditions in 4 hours MACD and RSI suggests that a short term low is in place at 1.9363. Intraday bias remains on the upside for 1.9636 resistance. Break will add more credence to the case that fall from 2.0029 as well as...



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