| Global Interest Rates | |||
 Australia |
7.25% | ||
 Canada |
3.5% | ||
 EMU |
4% | ||
 Japan |
0.5% | ||
 Swiss |
2.75% | ||
 England |
5% | ||
 US |
2.25% | ||
Technicals
GBP/USD Technical Analysis 23 July 2008
GBP/USD 1.9931 - 23 July
The British Pound also descended significantly yesterday against the US Dollar from Tuesday's top 2.0076 to the bottom 1.9898, which are the the first resistance and support levels respectively for the currency couple today. If the negative trend continues, next support is expected at 1.9840, followed by 1.9770. In upward direction next resistance for today is expected at 2.0150, the break of which would lead to next target 2.0240.
Technical resistance levels: 2.0075 2.0150 2.0240
Technical support levels: 1.9900 1.9840 1.9770
Trading range: 1.9945 - 1.9880
Trend: Downward
Sell at 1.9931 SL 1.9961 TP 1.9891
Today we made already +35 pips profit on GBP/USD from the following signal:
5:56 GMT+1 Sell GBP/USD at 1.9939 SL 1.9965 TP 1.9879 exited at 7:14 GMT+1
Today so far +186, yesterday +106, as shown at www.zifx.com/performance.php
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nythomas1
Rpchost.com - Free Forex strategies and video training
Every period of time I will post new forex strategy in this forum, you can test it and use it in your forex trading. Today's strategy is :
Bollinger... rpchost
Hello folks,
nice to be here
hope I could learn some trading 'trick' here :D untara
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