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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on February 20, 2011, 11:03:55 am

Title: Trade Idea Update: GBP/USD ? Stand aside
Post by: pranjali on February 20, 2011, 11:03:55 am
Trade Idea Update: GBP/USD ? Stand aside

<p>Although current break of resistance at 1.6185-86 signals the correction from 1.6279 has ended at 1.5963 earlier and gain to 1.6240/45 is likely, near term overbought condition should limit upside and reckon said resistance at 1.6279 would hold and bring retreat later.</p><img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/nD2_XBuoA7c" height="1" width="1"/>

Source: Trade Idea Update: GBP/USD ? Stand aside (http://feeds.actionforex.com/~r/CandlesticksIntradayTrades/~3/nD2_XBuoA7c/)