Welcome to the FXReturn.com London Forex Market Call for September 10th.,2010. GBP/USD: Closes near the highs of an inside trading session. A close above resistance at 1.5520 will spark a rally into the 1.5616 area. Consecutive closes below the 10 day average will encourage selling down to 1.5295 then 1.5238. Stochastics remain positive which is supportive of a near term rally | GOLD: Profit taking sends Gold down to an intraday low of 1241.8. A close below 1246.1 will encourage more selling down to 1237.3 which is major near term support. A recovery of the 1250.00 area will regain the bullish momentum. Technicals are starting to weaken | Daily FX Forum visitors can sign up for our FREE Live Interactive Webinars and Live Trading Room at FXReturn.com as well as review our latest TON: Trade On News Plans for the upcoming week. Please click the following link to view our daily research: LondonMarketCallCreated with Camtasia Studio 5
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