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David
Tennessee, United States
Posted Anonymously
16 years ago
Nov 27, 2008 13:33
In Thread: Bank of England Plays Catch-up at Expense of Sterling
Ashraf,
Have really enjoyed and benefited from following your analysis for several months.
Have seen your call for GBPUSD to target 1.62 by year end if it can get by critical resistance at 1.58. On daily charts, 62% fibonacci of last move down from 1.6671-1.4557 is at 1.5857; 79% fibo at 1.6214. Why do you predict 1.62 vs. 1.58 target for year end? Thanks very much.
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