Monday

Forex Forecast: 1 August 2011 GBPUSD



Again, the GBPUSD pose a mix signal, more to neutral. If you haven't open any position yet, perhaps it is a good thing to hold on that. But, judging from merely the technical review, long position might be expected.

Supports: 1.6420, 1.6390, 1.6370, 1.6345
Resistances: 1.6460, 1.6500, 1.6575