Global Time   New York 9:11 pm  London 2:11 am  Zurich 3:11 am  Dubai 5:11 am  Shanghai 9:11 am  Tokyo 10:11 am  
Pair Menu
Select Pair
arr_blue
Global Interest Rates
Australia 7.25%
Canada 3.5%
EMU 4%
Japan 0.5%
Swiss 2.75%
England 5%
US 2.25%
Forex News
Subscribe Now
Advertisements

Technicals

GBP/USD Elliott Wave daily analysis - April 30

Font Scale:
30 April 2008 @ 11:04 am EST
  • Print
  • E-Mail

The chart shows my working count. I think that the fall started from 1.9964 is the last wave C down and we should see a reversal i.e. a fast move above 1.9964 till the end of the week. If this comes true, one should expect further rise to 2.0100 first. A key support is 1.9690 which is 61.8 % retracement of todays rise.

Trading strategy:10:55 EST; 15:55 GMT

Long position from 1.9690, move the stop loss from 1.9620 to 1.9680, target - open

Confidence level high

This analysis has only informational and educational purpose and does not represent a proposal for buying or selling currency contracts.

More FROM Karoll Financial House
Currencies
arr_blue
07/06/2008
Last
Change
%change
Time
advertisement

For Sale Brand New Nokia N95 8gb @ Just $250usd

We are legitimate and reputable company from Uk,London we have all brands of Mobile Phones,Ipods,xbox 360, Sidekicks,Nextels phone,Laptops for sell at... morganmobile

For Sale Brand New Apple Iphone 16gb @ $300usd

We are legitimate and reputable company from Uk,London we have all brands of Mobile Phones,Ipods,xbox 360, Sidekicks,Nextels phone,Laptops for sell at... morganmobile

For Sale Brand New Nokia N96 16gb At Just...$400usd

We are legitimate and reputable company from Uk,London we have all brands of Mobile Phones,Ipods,xbox 360, Sidekicks,Nextels phone,Laptops for sell at... morganmobile

Advertisement
Latest Forex Research Reports

Find the most up to date research from leading investment firms to make the most informed investing decisions

 
IBTimes.com Web
Partners
International Business Times© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives