Tuesday, January 4, 2011

GBPUSD - Daily Market Thought 04012010

Very busy this morning working some chart.
Key levels short-term and what expect next sessions.
First chart gbpusd testing this morning resistance area short-term.
Around 1.5650 (-20,+20) good area to add shorts with TS, but stay alert a close daily above 1.5685 expect continuation up trend target 1.58 possible estension ema100 weekly chart sitting 1.5950 .
Click to zoom in.

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