SearchGBP/USD Weekly Outlook16th February 2008 Cables rebound from 1.9386 extended further to 1.9737 last week but retreated since then. From a short term angle, outlook in neutral initially this week. But with 1.9550 support remains intact, further rally is still mildly in favor. As discussed before, break of 1.9788 resistance will indicate th... This article is courtesy of Action Forex Daily Report: Yen Retreats Further, Dollar in Range as Investors Calmed Down | Daily Report: BoJ on Hold, Markets Mixed in Quiet Trading | Loonie Set to Surge Further Categories: Forex News |
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