by Johan Kriek (jkriek@fxinstructor.com)

Here follows a probability study analysis of the GBP USD for 30 Dec 2009:

Click here to view the embedded video.

Levels:

60 minute trend resistance at 1.6040

Bullish Probability above 1.6040

Significant resistance resides at 1.5920

Significant support resides at 1.5690 (previous significant low)

Good luck!

Johan