tag:blogger.com,1999:blog-37433435.post8765478736397712558..comments2024-01-29T01:52:07.363-05:00Comments on Kevin's Market Blog: British Pound - UpdateKevinhttp://www.blogger.com/profile/10858224918246729626noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-37433435.post-30588014169605249762009-08-10T11:15:41.482-05:002009-08-10T11:15:41.482-05:00I am sorry I meant to say 50% fib not 38.2. Sorry...I am sorry I meant to say 50% fib not 38.2. SorryMaxPowershttps://www.blogger.com/profile/06371930224634183293noreply@blogger.comtag:blogger.com,1999:blog-37433435.post-48956615208188198312009-08-09T17:15:47.560-05:002009-08-09T17:15:47.560-05:00Kevin,
On the chart I have 164.50 range as the 38...Kevin,<br /><br />On the chart I have 164.50 range as the 38.2 retracement level from the drop starting from nov 2007 to feb 2009. If we pierce the 166 support down to 164 level would you still hold or sell and wait for another setup. Personally I think if we pierce the 164 level the next support is 160 then 153. On overhead resistance 170 then 173, 183, 187.<br /><br />Thanks,<br /><br />MaxPowershttps://www.blogger.com/profile/06371930224634183293noreply@blogger.com