SWING Signal
SELL @ 1.6508
SL Cluser above 88% of Fibo on Daily Chart
TP @ 1.6210
الملف المرفق 282367
analysis on GBP / USD
17 - 08 - 2011
Short Overview:
The GBP/USD has rebounded from a Resistance at 1.6448 / 1.6500, and it is now approaching its Resistance , it will probably start downside movement at this area and recovery again. Therefore it will a good sign to SELL at this spot with a first target of 1.6300, and continue towards 1.6200. On other hand if a break in 88% of Fibo will be a good location for placing stop loss above 1.6580