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Old 11-28-08, 09:14 AM
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Lightbulb Today's Market Outlook

GBPUSD: Downtrend from July's 2.0154 peak reached 1.4556 on 13 Nov, ahead of recovery. This reached 1.5532 high on 25 Nov, followed by current correction/consolidation. Short-term outlook remains supportive for fresh attempt higher, with break through 1.5532 required to open 1.5600/1.5701, 50% retracement of 1.6669/1.4556 down-leg/ 11 Nov intraday high...

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