As of Wednesday the 2nd of April,
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FOREX GBP/USD 1st April 2008 part 2
GBP intra-day day
Following Previous Report 12 hours ago, GBP has moved down into 1.9756 and revered back up into the Risk Levels and stalling....(read previous Report)
At this stage GBP looks to be consolidating on Tuesday, and Wedensday should hopefully provide an Reverse pattern upwards if Tuesday remains between Support and Risk.
What I would like to see for an UP move would be a break higher on Wednesday using new levels the Next trading day.
Next GBP report found in the Premium Trader on Wednesday.
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