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| | |-+  Trade Idea Wrap-up: GBP/USD ? Look to sell cable higher
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Author Topic: Trade Idea Wrap-up: GBP/USD ? Look to sell cable higher  (Read 4315 times)
pranjali
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« on: February 25, 2011, 05:07:06 pm »

Trade Idea Wrap-up: GBP/USD ? Look to sell cable higher

<p>Although cable has fallen again after meeting renewed selling interest at the Tenkan-Sen and the decline from 1.6275 top may extend further weakness to 1.6020, near term oversold condition should limit downside to previous support at 1.5987 and risk from there has increased for a rebound later today or early<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/e5qZ6eJz2D4" height="1" width="1"/>

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