Friday, November 6, 2009

GBPUSD (1.6577)

GBPUSD is looking to target 1.6700 level at the moment but a strong
resistance is present just above 1.6630 level.
Traders will look to buy GBPUSD around 1.6490 for targets above 1.6600 level.

Recommended Trade:

Entry 1: Buy GBPUSD @ 1.6490
Entry 2: Buy GBPUSD @ 1.6290
Stop: 1.6230
Profit 1: 1.6630
Profit 2: 1.6700

No comments: