FOREX GBP/USD 22nd January 2008



GBP moved down into Weekly lows on Monday.....@1.9404

Once again resistance around the 43 pip high during the down move...

Tuesday's trading expectation:- price is heading towards Tuesday's lows @ 1.93460, use Monday's breakout as resistance 1.94860

Once again no probability whether Tuesday's low will support price, because Price is heading towards January lows @ 1.9332