Forecast for the 21-st of February 2007
Europe
* currencies are still in simmetric triangles of flat
* huge amount of news
common assessment of the present situation
or GBP will pull all allies upwards or they will pull GBP downwards
1.)1.9575 = local maximum = 62% h4
2.)1.9593 = 162% from a down recoil on h1 during the European session
3.)1.9620 = 200% from a down recoil on h1 during the European session + 76% from h4 1.9430-1.9677
4.) till 1.9477 - a local grid of levels-1.9477 is a local minimum
5.) 1.9455 – 138.2 от сетки 1.9549 -1.9478
6.) 1.9430 – zigzag H4+H1
7.) 1.9400 – zigzag H4+ min of correction on H4
8.)In case of puncture of 1.9477 - down movement + allies pull GBP to their side, from a recoil that hasn't broken rules of trend - SELL.
9.)In case of puncture of 1.9575 - up movement + GBP pulles allies to its side, from a recoil that hasn't broken rules of trend - BUY