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GBP/USD:You can refer to in the 1.654 to buy 1.65 stop loss, targets 1.665

15 November 2009 226 views No Comment

GBP/USD:You can refer to in the 1.654 to buy 1.65 stop loss, targets 1.665

GBP/USD in the last trading day relative increase is more far-fetched, the exchange rate only in the overall rise in the trend of a weaker U.S. dollar only began to rise, the exchange rate also failed to hit a new high, at present 1 hour charting perspective, the sterling exchange rate restricted by the 1.66 high line earlier repeated testing failed to break through this resistance, such as the afternoon break, then this result can not be transferred or will increase the risk of the current exchange rate there is a certain callback, but I think the overall weakness in the dollar’s conditions, the afternoon rise in sterling is still possible, the operation should be based as far as possible in order to wait and see, today is expected to pound the probability of higher short-term shocks.
 
Trade direction: Group-buying
 
Trading Strategy: You can refer to in the 1.654 to buy 1.65 stop loss, targets 1.665

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