The Gbp/Usd bottomed at 1.58300 on 12/30/2010

Quote : 1.62614

Forecast:

The Gpb/Usd took out the first X countermove segments high .

The pair ist within a X5 pattern and will complete it´s minimum counter target at 1.64330.

The price targe area starts at 1.64330 and ends at 1.67527.

The main target is located at 1.65940.

 

Chart: Gbp/Usd, X-Sequentials 60 Minute Chart

GBPUSD

yours sincerely,

Devin Sage ,TXA Trading

www.Technische-X-Analyse.de