Mon, 01 Nov 2010 10:33:21 +0100

Gbpusd Extends Bullish Rally

AUDUSD - Positive movements are established towards resistance barrier, however bears can step up to the market near resistance barrier. Waiting action holds for now.

EURUSD - Support barrier stays active at 1.3807 barrier, despite previous consolidation – bulls extended their previous rally towards new highs. While resistance is valid, bulls actions are limited.

EURGBP - Low trading range is continued further between support and resistance levels. Look for more buying options just above resistance barrier.

NZDUSD - It looks like bulls are strongly recovering after a breakout at resistance barrier. Look for more upswings for now.





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Gbpusd Extends Bullish Rally

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