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| | |-+  Trade Idea Wrap-up: GBP/USD ? Stand aside
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Author Topic: Trade Idea Wrap-up: GBP/USD ? Stand aside  (Read 4327 times)
pranjali
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« on: March 03, 2011, 05:06:47 pm »

Trade Idea Wrap-up: GBP/USD ? Stand aside

<p>Despite intra-day rebound to 1.6316, as the British pound has retreated on cross-selling against the single currency, suggesting further consolidation would take place and retracement of recent upmove to 1.6224 (38.2% Fibonacci retracement of 1.6030 to 1.6344) cannot be ruled out, however, break of support at 1.6216 is needed to<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/hWpqnVgfKko" height="1" width="1"/>

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