Hello everybody!
As you can see there was a flat movement up at the Asian session, and it's really difficult to say something about the further perspectives. Let's take a look at the picture.
There are marked the borders of the flat 1.9388-1.9541. Now we are at the upper border of the flat. And this moment it can bounce from this level, or can continue it's movement up.
The resistances for the up movement are 1.9559;1.9578;1.9697
The supports in the flat are 1.9479;1.9451
And the supports out of the flat are 1.9297;1.9243;1.9153
For trading today I recommend you to look a-b-c patterns on smaller time frames
Best Regards
Tacomy
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Tuesday, February 12, 2008
GBPUSD flat movement
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Posted by
Tacomy
at
10:34
Labels: flat movement, GBPUSD
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