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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on February 28, 2011, 05:20:33 pm

Title: Trade Idea Wrap-up: GBP/USD ? Buy again at 1.6175
Post by: pranjali on February 28, 2011, 05:20:33 pm

Trade Idea Wrap-up: GBP/USD ? Buy again at 1.6175

<p>As the British pound has continued to edge higher after intra-day anticipated rally, adding credence to our bullish view that recent upmove has resumed and a retest of 1.6275-79 resistance area is underway, however, a sustained break there is needed to confirm and extend further gain to recent high at<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/UxSU8OpS-Sk" height="1" width="1"/>

Source: Trade Idea Wrap-up: GBP/USD ? Buy again at 1.6175 (http://feeds.actionforex.com/~r/CandlesticksIntradayTrades/~3/UxSU8OpS-Sk/)