FOREX GBP/USD 19th Sept 2008

GBP Daily

Yesterday's view was for a continuation up into Thursday's highs and then a rotation back down into the Weekly 50% level.

Friday:- Expectation that the rotation down into the Weekly 50% level will complete:- random support.

A higher closing Weekly timeframe should test and continue higher on Friday:- 5-day 50% level the trend guide.

  • 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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