FOREX GBP/USD 26th June 2008

GBP/USD Daily

Following on from the Weekly report.... Expectation price would reverse down from last Week's highs, test the Weekly 50% level and then rise higher this week.

This rise up into the Weekly highs completes the move for this week...

• All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT

Exact levels shown for current day aren't confirmed until midnight GMT