Tuesday, December 4, 2012

GBP/USD 4 Dec 2012 - 4HR Chart


Buy GBP/USD so long as the bottom yellow line/resistance level has not been broken. First target is at the diagonal line at around 1.6140 - 1.6160 area.

Open positions: Buy
TP: 1.6140 - 1.6160 area (on the diagonal line)
SL: 1.6050

GBP/USD couldn't reach our TP and the SL got hit. Result 15 to 50 pips loss. Look for sell opportunities on this pair for now.


No comments:

Post a Comment