The pound today 10/10/05 broke the lows of the following days 10/04/ Low 1.7512, *** 7/29/05 low 1.7513 **** 7/15/05 low 1.7508 **** 7/06/05 low 1.7515 and 7/5/05 low 1.7502. The next lower low was on 7/18/05 low 1.7453. Would you all conclude there is a good probality that the Pound will make a run at the 7/18/05 low of 1.7453?
Breaking prior lows as I understand is a big deal and a strong signal of a bearish trend. Is my understand somewhat correct????
Breaking prior lows as I understand is a big deal and a strong signal of a bearish trend. Is my understand somewhat correct????
Fdisk
Please I just want a few pips.
Is that too much to ask?