Invezted

Gbp/Usd Market Outlook

FX:GBPUSD   British Pound/U.S. Dollar
52 0 4
Context:

the current down move looks like the selling pressure is rather weak
and therefore this looks more like a corrective move ,
however this move could lead us till the demandline of the upchannel
arround @5555ish , the sooner the bulls step up the stronger the market has to
be judged and a further test of the recent highs @ 5800 wil be tthe effect.

signs of strenght:
uptrend
minor support

signs of weakness:
broken demandline
double top
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