GBP/USD : Current Comments *LINK*

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Melbourne Qindex 06:48 GMT April 26, 2013 - My Profile
GBP/USD : Current Comments : Reply
Buy GBPUSD
Entry: Target: Stop:

GBP/USD : Monthly Cycle Analysis

As shown in the monthly cycle charts the market has a tendency to trade within 1.5240 - 1.5647. The monthly cycle directional indicator suggests that a barrier is located at 1.5536. The odds are in favor of taking a long position when the market is above 1.5407. Speculative buying interest will increase when the market is strong enough to trade above 1.5508 // 1.5519. A critical resistant range is positioning at 1.5706 // 1.5836.

Qindex.com

GBP/USD : Monthly Cycle Charts
http://www.qindex.com/gbp.html

GBP/USD : Monthly Cycle Charts

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