how is forex chart for gbpusd today?
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This entry was posted on Wednesday, February 18th, 2009 at 6:49 am and is filed under forex trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
February 18th, 2009 at 6:49 am
It really depends on what you have now.
USD - If you have USD, it will continue to strengthen against GBP for the short term - less than 3 months. For the moment, I reckon that it will range bound between 1.3525 to 1.4550. Hold on to your USD for now.
GBP - If you have GBP now, sell your GBP back to USD. The chart does not look good for you at all. Coupled with more interest rates cuts, GBP may be heading southwards.
February 18th, 2009 at 6:49 am
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