Sunday, October 23, 2011

Weekly Market Outlook For GBP/USD

Price has breakout triple top at 1.5852 at 4H chart and make a nice rally toward resistance at 1.6061.

It the price can break 1.6061 it will rally to the next resistance at 1.6278.

It the price fail to reach 1.6061 it may fall back to support at 1.5852.

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