next week to come for GBP

Discussion in 'Trading' started by prasxz, Jul 14, 2006.

  1. prasxz

    prasxz

    This is a prediction for GBP next week to come:
    Initial support at 1.8326 (Jul 7 low) followed by 1.8295 (50% retracement of the 1.8090 to 1.8500 advance). Initial resistance is now at 1.8541 (July 7 high) followed by 1.8559 (50% retracement of the 1.9027 to 1.8090 decline).