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Thread: Discuss the GBP/USD with a DailyFX Analyst

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#8 (permalink)

04-25-2007, 09:21 AM

JohnG_FX

Guest Moderator

Join Date: Feb 2004

Posts: 1,470

It's very quiet in here.

Well first set of US numbers out today pretty healthy, have to see now if the housing at least meets the improved expectations. If they do then I think we will be visiting 9950 before close today, If they are bad then could well see 2.0130's again but personaly I think that will hold any topside today.

We have some pretty hefty macd divergence on the weekly chart which I am definately keeping an eye on. One more pop up this week would give us a nice shooting star.

Who knows, I'm just thinking out loud here

Any other views ?

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John G

Last edited by JohnG_FX; 07-09-2008 at 01:52 PM..

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