Saturday, January 08, 2011
GBPUSD Trading Signals
The 4 hour chart shows GBPUSD is heading upward as long as it remains above 1.5395.It is expected to hit above 1.5664. It will then test the next resistance level.
Traders should consider buying every depth with a stop loss at least 30 pips below the buy level.
Reversal
Any four hours bare close below 1.5395 will change the direction. Short GBPUSD.
OP, SL & TP at YOUR OWN RISKS
Saturday, January 08, 2011
GBPUSD Trading Signals
The 4 hour chart shows GBPUSD is heading upward as long as it remains above 1.5395.It is expected to hit above 1.5664. It will then test the next resistance level.
Traders should consider buying every depth with a stop loss at least 30 pips below the buy level.
Reversal
Any four hours bare close below 1.5395 will change the direction. Short GBPUSD.
OP, SL & TP at YOUR OWN RISKS
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