09:10 (CET) - GBPUSD: sterling still under pressure

Posted in Forex robots  @ Thu, 11 Mar 2010 00:25:01 +0100

The dollar gained positions once more, after performing a pullback over 1.52. Right now, it's losing 1.5, which targets the main objective at 1.4852. In the way, there are well defined supports, such as 1.4977/40 and 1.4888. The trend on the charts is bearish and it could have started a new wave, that clears the March 1st low. Above, regaining 1.50 could leave an option to seek 1.5028, a very...

Original article: 09:10 (CET) - GBPUSD: sterling still under pressure

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