GBP/USD - Still More!

By   |  Forex  |  Feb 20, 2013 02:39PM GMT  |  3 Comments
 
Currently we are at 124.81 after breaking through the day chart trend line at 1.5361 . We are looking now for the continuation to the3rd wave S6 Support at 1.2570. Further target is the 2nd wave S7 support at 1.5192 area. The current average daily trading range (ATR) is 118 pips.
GBPUSD
 GBPUSD

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Comments
Scott Barkley
Scott Barkley   Feb 20, 2013 04:30PM GMT
Author's response
I have no clue - I just follow the market
  Reply
Buddy Delos Santos
Buddy Delos Santos   Feb 20, 2013 07:17PM GMT
I miss the big drop!
  Reply

Adrian  Blythe
Adrian Blythe   Feb 20, 2013 02:30PM GMT
HI Scott , Silly but basic question I am monitoring the GBP / Dollar in repect of purcahsing a large amount ( £3000 ) worth of dollars by JUne in your professional view calender wise when is it more likley the BGP will rise and approx what lvl should it get to . Adrian
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