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Friday, August 27, 2010

Forex Technical Analysis | Technical GBP / USD August 27, 2010

Friday, August 27, 2010
Forex Technical Analysis | Technical GBP / USD August 27, 2010GBPUSD
Great British Pound (GBP)
Midday Report

The pair breached the pivotal support at 1.05500 and is fluctuating around this level due to the affect of bullish momentum. Our morning expectations remain intact and are supported by stability below 1.5530; keeping in mind that the breach of 1.5620 could turn into a bullish trend today.

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