Gbpusd| daily forecast|07.01.13

[news.fxbase]

GBPUSD Details:

Today it was opened at 1.60662



High and Low Details:

-High for today is:

High-1.60663

-Low for Today is:

Low-1.60411



MACD Details:

MACD Value is -0.001400

Signal Line of MACD value is -0.002303

Expectations:

We get three stars in Sell side.So the market is good for Sellers.

 

[junaid1001]

If the trend is of an upside character, then the strength of the currency will be defined as following: the GBP is an uptrend and the USD is a downtrend. Within a strong trend, the price is expected to be lower than the pivot point line and continue the movement.

 

[news.fxbase]

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