Thursday, December 2, 2010

Transactions (FX)

GBP/USD
Day Chart: Spotted Reversal
GBP trading at 1.5615 now.
Enter Long for today at 1.5580
SL 1.5540 (ytd Low)
Target 1.5800.

Remember my weekly forecast still favour to short this pair when it approaches 1.5880 region.

related: Weekly Forecast 29-Nov-2010 (FX)

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