GBPUSD: the Road to 165.00
Given the Double Bottom in place at approx 135.00 and the recent break-out above 150.00 GBPUSD appears to be consolidating its gains, putting it in a position to achieve this formations objective at 165.00 based on a 100% extension of the height of the Double Bottom as extrapolated from the January low to the February [...]
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May 16, 2009 