Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on February 21, 2011, 05:51:54 pm
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Trade Idea Wrap-up: GBP/USD ? Buy at 1.6160
<p>Although the British pound has rebounded after intra-day retreat to 1.6205, break of Friday?s high at 1.6264 is needed to extend the rise from 1.5963 to resistance at 1.6279, however, break there is needed to retain bullishness and confirm upmove has resumed, bring headway to next chart resistance at 1.6300,<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/pwQ2OCzyNZE" height="1" width="1"/>
Source: Trade Idea Wrap-up: GBP/USD ? Buy at 1.6160 (http://feeds.actionforex.com/~r/CandlesticksIntradayTrades/~3/pwQ2OCzyNZE/)