GBPUSD took good rise towards 1.4600 level and traders will now look to buy GBPUSD on dips for retracements. The first entry level can be seen around 1.4360 and if GBPUSD takes more dip, then it can be further averaged out by buying again around 1.4130 level. It seems that GBPUSD is looking to touch 1.4650 level
Recommended Trade Levels
Trade 1: Buy GBPUSD @ 1.4360
Trade 2: Buy GBPUSD @ 1.4130
Profit Target 1: 1.4560
Profit Target 2: 1.4660
Friday, March 20, 2009
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