Forex GBP/USD 14th Dec 2007 part 2



GBP following the trend down from 50% timeframes breaking the 3-day lows.

Expectation GBP is heading towards the Weekly lows

With the overall target the December lows.

Lower weekly open (next week) after a break of the 3-day lows and expectation of a 2-day counter-trend move upwards next week before the down trend resumes