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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on March 14, 2011, 05:03:05 pm

Title: Trade Idea Wrap-up: GBP/USD ? Buy at 1.6060
Post by: pranjali on March 14, 2011, 05:03:05 pm
Trade Idea Wrap-up: GBP/USD ? Buy at 1.6060

<p>As the British pound found renewed buying interest at 1.6028 and rallied in European and U.S. sessions, bullishness remains for the rebound from last week?s low at 1.5977 to bring at least a stronger retracement of last week?s selloff to 1.6160 (50% Fibonacci retracement of 1.6342 to 1.5977) and possibly<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/o_cNhMY_YOU" height="1" width="1"/>

Source: Trade Idea Wrap-up: GBP/USD ? Buy at 1.6060 (http://feeds.actionforex.com/~r/CandlesticksIntradayTrades/~3/o_cNhMY_YOU/)