GBP Still Gaining Against Majors

January 19, 2010 by ForexYard  
Filed under Daily Forex Analysis

GBP/NZD:

The pair’s recent bullish run may see some correction today as the hourly and 8 hour RSI are floating in the overbought territory and the daily, 2 hour and hourly charts’ Slow Stochastic are exhibiting bearish crosses. Forex traders may be advised to go short for today.

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