Wednesday, October 15, 2008

Trade: Forecast for GBP/USD



The above target is my target resistance for GBP/USD within the next few sessions.

As I was away for a little too long today, I missed my entry target for today. I will be looking for a 50,000 long entry into this market if my target price at 1.7490, with stops placed at 1.7460 if this order is done.

Let's look forward to it.

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