Thursday, May 1, 2014

Trade Idea: GBP/USD - Buy at 1.6840

As the British pound has maintained a firm undertone after yesterday's rally to 1.6901, bullishness remains for recent upmove to extend further gain to 1.6905-10 (50% projection of 1.6555-1.6842 measuring from 1.6763) and later towards 1.6940-50 (61.8% projection), however, loss of near term upward momentum should prevent sharp move beyond



Continue Read...


0 comments:

Post a Comment

Site Search