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[dalcindo]

Re: GBP:USD

(From private messaging; $XBP-British Pound Index Chart below)

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Re: GBP-USD
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From:
David Xxx <[e-mail]>
...
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To: "[e-mail]" <[e-mail]>
Hi Xxxx!

I have not been trading or analysing the GBP:USD pair. Only the EUR:USD pair.

However, the short term outlook in pairs that involve the USD should unwind to favor a short-term gain AGAINST the US Dollar.

Using a daily chart, there is significant market support at 1.5550.

Extending a Fibonacci grid upwards, the next significant resistance levels are:

1.5651

1.5727

1.5800

Let me know if you need charting material for this or any other currency pair/equity/index.

David


Sent from my iPhone

On Feb 8, 2010, at 19:25, [e-mail] wrote:

Hello David,
I was just curious if you had called this move to this level? Where do you see it going from here?
My options account is not yet operational, but it never hurt to look around.
Hope all is well with you and Xxx.
All the best,
Xxx
Xxx X. Xxx
XXX,LLC
Durango, CO
Sent from my Verizon Wireless BlackBerry
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Dalcindo