Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on March 16, 2011, 05:01:20 pm
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Trade Idea Wrap-up: GBP/USD ? Sell at 1.6170
<p>Although the British pound has retreated after intra-day rebound to 1.6132, break of strong support area at 1.5977-78 is needed to signal the decline from 1.6344 top has resumed, bring a stronger retracement of early upmove to 1.5950 and possibly towards 1.5900, otherwise, further choppy trading within 1.5977-1.6200 would take<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/o3-hTRd0wSA" height="1" width="1"/>
Source: Trade Idea Wrap-up: GBP/USD ? Sell at 1.6170 (http://feeds.actionforex.com/~r/CandlesticksIntradayTrades/~3/o3-hTRd0wSA/)