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Thursday, September 30, 2010

Forex Daily Outlook October 1, 2010

Thursday, September 30, 2010
Forex Daily Outlook October 1, 2010
A BIG MOVE YESTERDAY across the GBP pairs. The GBP/USD fell from 1.5920 to 1.5665 in 8 hours and is now in danger of turning over before reaching the 1.60 level. Another attempt at 1.59 could give bears an opportunity to get in at a very nice price for a potential move back to 1.5150 over the next 2-4 months. Equities are not rallying and if they stall at

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