Friday, May 6, 2011

GBP: British Pound is on sale again

Forex analytics: At the Forex currency market the British Pound Sterling rate continues to decline on Tuesday, keeping on the trend of yesterday.
Forex forecast: MACD indicator is in the positive area for the pair GBP/USD and is growing, maintaining a pair buy signal. Stochastic Oscillator is going to come out of the overbought zone, starting a pair sell signal.
Forex recommendations: off the market.
Feasible ...

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