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Monday, September 6, 2010

FOREX TRADING - GBPUSD - Midday Report OUTLOOK September 6, 2010

Monday, September 6, 2010
FOREX TRADING - GBPUSD - Midday Report OUTLOOK September 6, 2010GBPUSDPound Great British Pound (GBP)
Midday Report

The pair strongly moved to the downside this morning taking the pair within the bearish channel shown in the image above. We still await today's closing in order to insure the direction for this week. Keep in mind that stability below MA 50 will add further negative pressure

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