Tuesday, December 21, 2010

GBP/USD on 21-Dec-2010

Current support 1.5450 shall hold for a while.
Current resistance 1.5550, while I am expecting GBP/USD to 1.5680 for a low-risk short.
Coming week, while GBP/USD break below this support of 1.5450, I believe it will dive to next support @ 1.5330.

Good luck everyone and happy shopping for a meaningful Christmas celebration! :)

1 comment: