Forex Analysis Video

  The GBP/USD pair had a bullish day today, as the market retested the 1.6350 level, a major area of resistance. At the end of the day, we formed a shooting star. Because of this, it looks as if the pair could pullback from this level. Noting that the pair has a history up here, that wouldn’t be too surprising. A pullback should present buying opportunities as the strength is still with the bulls overall.

  The GBP/USD pair had a bullish day today, as the market retested the 1.6350 level, a major area of resistance. At the end of the day, we formed a shooting star. Because of this, it looks as if the pair could pullback from this level. Noting that the pair has a history up here, that wouldn’t be too surprising. A pullback should present buying opportunities as the strength is still with the bulls overall.

http://www.youtube.com/watch?v=VZg39XQf_ek&feature=player_embedded