Short Term Analysis - October 24, 2007
GBPUSD is in up trend, further rise above 2.0652 (July 24 high) to reach the next cycle top on daily chart can be seen in the next several days. Near term support is at the up trend line from 1.9652 to 1.9879, as long as this trend line support holds, up trend will continue. For long term analysis, GBPUSD bottomed at 1.9652 on weekly chart. Further rise towards 2.1000 area to reach the next cycle top is expected.
Please click the following links for more short term and long term forex analysis.
USDCHF | USDJPY | EURUSD | GBPUSD | USDCAD | AUDUSD
Sponsors
Forex Articles
Forex Reviews
Powerful Profit System
Leave a Reply
Other finance sites
bad credit loan
Searching for a bad credit loan can be a laborious task. Why not let All About Loans do the hard work for you? Click on the link above.
bridging loan
National Credit specialists in bridging loads and credit, clear lending rates and great fast service. Easy loan application.
Car Insurance
Check out this site for a comparison of car insurance rates..
Umbrella Companies
Great choice of Umbrella Companies from the UK`s premier company.
Compare Secured Loans
Search and compare 100s of secured loans with the loans search engine at Accepted.co.uk. Find a great deal today!