Monday, January 19, 2009

GBPUSD (1.4745)

GBPUSD is looking to target 1.5000 level but there will be number of traders who might hold back and let GBPUSD get settled in its trend. Few traders might look to buy GBPUSD around 1.4660 level for initial target at 1.4820.


Recommended Trade Levels

Trade: Buy GBPUSD @ 1.4660
Stop: 1.4600
Profit Target 1: 1.4820
Profit Target 2: 1.4920

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