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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
UK CPI / Retail Sales at 9.30
Support levels: 15013 14994 14950
Resistance levels: 15066 15070 15122
EURGBP has made a perfect doji at the resistance (8414). The 1hr chart is still keeping its upward bias but a close below 8353 would turn the pair bearish. Our first support would then be 8315 followed by 8234, the channel support. Only a close (daily) above 8419 would negate the bearish view now. Target from last weeks post was at 82 and it still stands.
Support levels: 8381 8372 8354
Resistance levels: 8404 8420 8432
Ashraf
http://www.youtube.com/watch?v=Y_SVe7Z9e5o
u'll have a better hold soon.