Monday, May 11, 2009

UNITED WOLRD CAPITAL GBP/USD Daily Commentary

The Cable's key 1.50 survived a 2nd retest on Friday and passed with flying colors. 1.50 withstood a high volume sell-off and bounced off our 3rd tier downtrend lines, sending a strong message that the bulls are in the driver's seat. The Cable is coming off Friday's highs after France.... UWCFX

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[Source: GBP/USD Daily Commentary]
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Posted by United World Capital Forex at 6:05 PM

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