Tuesday, January 23, 2007

GBPUSD 1-23-07`

1-23-07

GBPUSD

The GBPUSD broke out above 1.9760 yesterday, and a pullback to 1.9760 long trade was entered. The first target of 1.9800 has not been reached. I will trail the stop loss by 20 pips once the first target is reached.

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