Wednesday, January 10, 2007

GBPUSD 1-10-07

1-10-07

GBPUSD

The GBPUSD had a failed breakout above 1.9429 yesterday so the pullback to 1.9429 trade was a 10 pip loser. This morning, the GBPUSD has extended the bottom of the range to 1.9339. I will trade the 1.9366 to 1.9413 range for today.

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