GBPUSD - 1.618% Fibo of 1.6118 to 1.5707 was around 1.6380. GBP stands at that now. A rebound to 1.6245 is necessary according to harmonic series. The interest will be whether the pair hits 1.64 or higher to 1.65 to do a SHORT.
GBPJPY - 2.618% Fibo of 143.17 to 139.71 was around 148.83. This pair now stands at 148.57 though it touched 148.73 earlier in this session. A rebound to 147.50 is on cards but as stated above is this the roof or we are away from roof - wait & see.
Friday, 16 October 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment