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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:
GBP
Discuss GBP
downside target would be 4250/4300 for me...
gl/gt
could be.. but assumptions could hurt you a lot...
In the bigger picture, you are implying a breakout north which could target 1.8xx level... :)
Strong resistance level at 5750/5830... as long as below these level.. we'll probably retest 5100 support level first.. break of 1.5008 level confirms move much lower to probably test 3600/3800 level...
only weekly close above 5850 may see test of 62xx level..
gl/gt
Good piece this, more eloquent than I could write George. And I think he is right about the younger generations will be far more honest and diligent to replace the current wanker generations of politicians, bankers and leaders.