gbpforex free forex predictions August 02, 2010

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gbpforex free forex predictions August 02, 2010

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Information about gbpforex free forex predictions August 02, 2010 from GBPForex

Free forex predictions for GBP-USD August 02, 2010

The pair has broken above its resistance and remains on the upside.

Prefer scenario : BUY positions @ 1.5680 with

TP 1 : 1.5710

TP 2 : 1.5730

TP 3 : 1.5750

Alternative scenario: The downside penetration of 1.5650 will call for 1.5600 / 1.5550

free forex predictions for EUR-USD August 02, 2010

The pair stands within a bullish channel and is approaching its resistance

Prefer scenario : BUY positions @ 1.3050 with

TP 1 : 1.3080

TP 2 : 1.3100

TP 3 : 1.3130

Alternative scenario: The downside penetration of 1.3025 will call for a slide towards 1.2975 / 1.2940

free forex predictions for AUD-USD August 02, 2010

The break above the resistance at 0.9050 triggered an upward acceleration to 0.9155

Prefer scenario : BUY positions @ 0.9065 with

TP 1 : 0.9090

TP 2 : 0.9110

TP 3 : 0.9150

Alternative scenario : Below 0.9050 look for further downside with 0.9000 / 0.8975

free forex predictions for USD-JPY August 02, 2010

The pair stands below its resistance and remains under pressure

Prefer scenario : SELL positions @ 86.65 with

TP 1 : 86.35

TP 2 : 86.15

TP 3 : 86.00

Alternative scenario : The upside penetration of 86.75 will call for 87.00 / 87.20

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