GBP/USD 29th Nov 2008 Weekly



GBP Monthly and Weekly

November lows support with the expectation that price is moving higher early next week.

Expectation that GBP is moving towards the Weekly highs:- resistance.

Once price meets the Weekly highs, then the potential to continue back down into December's low is a strong possibility over the next couple of weeks

Weekly 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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