06th Sep - GBP/USD Recovery Still in Progress
06 September 2012
WEEKLY CHART:
See how the market found support from near the 61.8% retracement, at 1.5190, and falling support line. These remain key levels that any bears need to see fail.
DAILY CHART:
A 61.8% retracement level just above 1.5900 remains under test following recent gains. S/term we await better reaction around here.
A push through this and the 1.6056 76.4% level would see the more key resistance nearing, i.e. the falling resistance line at 1.6140 plus the level of the old Oct-11 high at 1.6165. The picture would become more positive if these were overcome.
First support comes from the area of the 1.5777 20-Jun high.
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7th September 2012 - The irrepressible S&P 
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06th Sep - Sugar Near Long Term 76.4% Support Again