Sunday, May 17, 2009

17 MAY 2009 Weekly Review

GBPUSD
Price floating up and down near weekly pivot for this week (1.5107), but it seems like the bullish trend has gone weaken. See picture below and on top area after price reached 1.53++ price went down back t
o 1.52++ area. The trendline is not confirmed yet, but thats what i see for now, still no confirmation for bullish/bearish trend. If you ask me where price will go for next week, i vote 70% for down, 30% up ! :D











Click picture to enlarge

No comments:

Post a Comment