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Thread: GBP/USD Trading
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  #43 (permalink)  
Old 22-06-2010, 14:13
adria adria is offline
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Join Date: Jun 2010
Posts: 54
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GBP/USD drew some support from 4 hours 55 EMA and recovered in early US session. Intraday bias is turned neutral again. As noted before, even in case of another rise, we'd expect strong resistance at 61.8% retracement of 1.5521 to 1.4230 at 1.5028 to conclude the recovery from 1.4230 finally.
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