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
Posted by
Frank Dilernia