Tuesday, May 11, 2010

GBPUSD - RESISTANT BROKEN

The GBPUSD pair had an intra-day rally that broke one of my major intra-day resistant point at 1.4887

After a good swing high formation, an entry is good at 38.2% retracement at 1.4896 with stoploss at 1.4775. Our take profit should be about 140pips.


Let's see.

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