Momentum Indicator: BullishPattern: A possible of Wave 4 of 5 in formation.
Price: A possible strong resistance at 1.6357 50% retracement where 100 MA cluster together.
Long Term Strategy: Wait for bearish reversal to enter short
01 January, 2010
GBPUSD Is Still In Counter-trend
Momentum Indicator: BullishPattern: A possible of Wave 4 of 5 in formation.
Price: A possible strong resistance at 1.6357 50% retracement where 100 MA cluster together.
Long Term Strategy: Wait for bearish reversal to enter short
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