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"Forex Analyst-GBP/USD has Needs above 1.6000" - exchange and trading

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Old 04-14-2011, 07:26 AM
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Join Date: Jan 2011
Posts: 58
Default "Forex Analyst-GBP/USD has Needs above 1.6000"

In the morning session of Asia forex market, the forex price of GBP/USD declined from 1.6000, and then rebounded to the integer level of 1.6000.
The forex price of GBP/USD maintained narrow consolidation within the interval of 1.6000 to 10.
Owing to the three largest stocks index decreased in United States, the risk sentiment was poor, the forex price of GBP/USD declined below the gate of 1.6000.
However, after the forex price of GBP/USD tested the low level of 1.5973, it emerged rebounded.
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