Archived IMT (2010.04.28)

Ashrafs Video Presentation on EURGBP daily and weekly outlook http://bit.ly/aLZPJT GBPUSD broadens losses overnight to test the $1.5160 low50% retracement of the rally from March low to the April high. Todays FOMC decision (18:15 GMT) and Thursdays political debate among the 3 major British Parties will shape trading in the next 36 hours, thereby likely to see $1.5080 holding as the next support. USDX finally breaks to new 2010 highs at 82.56, shattering the 50% retracement of the decline from the 89,62 high to the 74.2 low. Road to $1.30 in EURUSD remains intact, with $1.29 very possible today IN THE EVENT that the FOMC removes "extended period" phrase.