FOREX GBP/USD 10 Sept 2008



GBP Daily....

Tuesday:- rise up into the 5-day 50% level and sold down.

Looking at price action and trading around support:- there is no set-up on Wednesday.

If it's below the filter then the bias is to continue lower towards the Weekly lows.

Personally no trades on GBP yesterday.


  • 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




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