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www.forex-dragon.com
22.10.2009 GBP/USD will reach or break the borderline in the Forex...Read More
Written by Dragon   
Thursday, 22 October 2009 20:16

Today GBP/USD came again closer to 1,6669 where we have our resistance line (see yellow color line in the last chart). So the Forecast for tomorrow ist that we will go up. But be careful because there is the possibility that the resistance line will be broken and after that GBP/USD will dive again under 1,6669.

This is difficult to see in the actual chart and this is our first choice for tomorrow: Break from 1,6669 and after that dive again under 1,6669. Tomorrow we will know the truth. In this situation we still will not take a trading position in the forex market.

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