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Thread: GBP/USD signals

  1. #1
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    Default GBP/USD signals

    The British Pound tried to form bullish signs yesterday by which it jumped from the bottom at 1.970s to hit the major resistance level at 1.9780s, the pound still has the chance to progress towards the upside as long as it stays above the major support level at 1.9690s to set the upside target at 1.9840s.

    The trading range for today will be between the key resistance at 1.9840 and the key support at 1.9670.

    The general trend is up as far as 1.9360 and 1.9200 remains intact, targets will be at 2.0100 and 2.0300.
    buying sterling above 1.9720 with a target at 1.9785, stop loss below 1.9675.

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    Default

    Today is 28 June 2007
    G/U should test 2.0059 area after which a sell off down to 1.9951 or extended to 1.9907 area is expected.

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    Default

    i think for this morning, gu will go between 2.0025 and 2.0005
    then if it breaks the limit for about 10 pips, u should follow the trend

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    Bullish manCatur's Avatar
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    GU potentially go up to 2.100..

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    Default

    Quote Originally Posted by manCatur View Post
    GU potentially go up to 2.100..
    I think this will happed this week

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