GBP/USD False Drop the next 24 - 48 hours ?!

GBP/USD False Drop the next 24 - 48 hours ?!

With yesterday close  , on daily - slow stoch (5.3.3) almost moved out of over-sold area , CCI(14) is diverging the price , we may witness a sudden fall toward 1.6250 - 16200  the final test , followed by a sideways move for a couple of days , then a strong bullish move may happen any time (may be Friday)?!!

 

Best Regards

10 May 2011 05:50 PM

 

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Tags: Dollar, GBP/USD, GBPUSD, Pound

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