Friday, February 6, 2009

GBPUSD (1.4643)

GBPUSD is keeping its upward momentum going and it seems that it is looking for another move above 1.4700 level. Traders will look to buy GBPUSD around 1.4485 level for target above 1.4700 level.


Recommended Trade Levels

Trade 1: Buy GBPUSD @ 1.4485
Trade 2: Buy GBPUSD @ 1.4385
Stop: 1.4300
Profit Target 1: 1.4640
Profit Target 2: 1.4720