Tuesday, July 24, 2012

GBPUSD 20120724


I feel gbpusd has formed regular bullish divergence. price is below moving 20 and 50
if pair breaks above 1.5540 then it may test resistance @1.5740,
and if pair breaks below 1.5480 then it may turn temporary bearish target 1.54
my overall view is bullish for level 1.64 and1.68

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