Posts Tagged ‘targeting’
Short GBP/CHF Targeting 1.2899
The Sterling-Franc pair continues to move towards fresh lows, after touching said level at 1.3048 earlier in Wednesday’s session.
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Forex: GBP/USD, broke through 200-day MA, targeting 1.5870/1.5970 – Commerzbank
Forex: GBP/USD, broke through 200-day MA, targeting 1.5870/1.5970 – Commerzbank
FXstreet.com (Barcelona) – The Pound’s recovery from 1.4200 area in May, extended higher last week, piercing through the 200-day MA, targeting 1.5870/1.5970 area, the 61.8% fibonacci retracement of the Aug 09/May 10 decline),says Karen Jones, technical analyst at Commerzbank.
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