GBP/USD
Technical Analysis for June 21st 2013
The cable has dropped sharply to reach the Fibonacci
level 38.2 % , and we expect it will recover on the short term trading to reach
1.5490 and 1.5520 levels which would represent good opportunities to sell , as
we remain expecting further decline towards the 1.5445 level , then to the
Moving Average 90 at the 1.5300-1.5315 area .