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| | |-+  Trade Idea Wrap-up: GBP/USD ? Sell at 1.6170
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Author Topic: Trade Idea Wrap-up: GBP/USD ? Sell at 1.6170  (Read 720 times)
pranjali
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« on: March 16, 2011, 05:01:20 pm »

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
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