Thursday, July 17, 2008

GBP/USD Daily Outlook

Cable turns sideway after reaching as high as 2.0158 but at this point, intraday bias remains on the upside as long as 1.9966 minor support holds. As discussed before, rise from 1.9363 represents another rising leg of the consolidation pattern that started at 1.9337. Further rally is expected to be...



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