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gbpforex free forex predictions August 10, 2010

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Information about gbpforex free forex predictions August 10, 2010 from GBPForex

Free forex predictions for GBP-USD August 10, 2010

The pair has broken below a rising trend line and remains under pressure.

Prefer scenario : SELL positions @ 1.5860 with

TP 1 : 1.5830

TP 2 : 1.5810

TP 3 : 1.5800

Alternative scenario: The upside penetration of 1.5880 will call for a rebound towards 1.5955 / 1.5995

free forex predictions for EUR-USD August 10, 2010

The pair is under pressure and is challenging its support, the RSI is mixed to bearish.

Prefer scenario : SELL positions @ 1.3200 with

TP 1 : 1.3175

TP 2 : 1.3160

TP 3 : 1.3150

Alternative scenario: The upside penetration of 1.3225 will call for 1.3270 / 1.3300

free forex predictions for AUD-USD August 10, 2010

The RSI advocates for further downside.

Prefer scenario : SELL positions @ 0.9140 with

TP 1 : 0.9110

TP 2 : 0.9080

TP 3 : 0.9060

Alternative scenario : Above 0.9155 look for further upside with 0.9208 / 0.9220

free forex predictions for USD-JPY August 10, 2010

The pair is on the upside and is challenging its declining trend line

Prefer scenario : BUY positions @ 85.65 with

TP 1 : 86.00

TP 2 : 86.20

TP 3 : 86.30

Alternative scenario : The downside breakout of 85.55 will open the way to 85.3 / 85.05

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