Posted by millionaire | Friday, August 14, 2009 | | 0 comments »


Gbp/usd update euro session: bias to the downside and below 6520 should confirm this action and bring focus back to the previous low around 1.6390 or lower,a true breakout above upper trendline(red) would dampen this view,please be careful and watch daily chart below.



Daily cable chart above still inside the rising channel.be curious 3black crows fight toward small morning star pattern,currently 50/50.i prefer away this pair and watch the breakout or failure depend on yesterday high low,its around 1.6660 and 1.6480 where a clear sustain between that price will bring clearer plan next.

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