Forex Forecasts
Intraday Currency Forecast By Forexleads by Forex Leads
Updated 19:58 GMT, February 15, 2006
GBP-1.7396 16th Feb,2006 Pre-Japanese Update
As suspected Pound broke above 1.7450, but has quickly pulled back. For now we would expect the same level to provide resistance. So prefers selling at 1.7420 for the currency to decline towards 1.7320. Look to initiate a sell position for the currency to decline swiftly towards the above said target.
Sell @ 1.7420 for 1.7320, with stop above 1.7450.