Friday, March 30, 2007

GBPUSD 3-30-07

3-30-07

GBPUSD

There was a long trade entered in the GBPUSD yesterday at 1.9613. A partial profit was taken at 1.9643 and the stop was moved to entry on the rest of the position. If the long trade is stopped out, I will trade the 1.9600 to 1.9680 range for today. Use buy stops because none of the areas of support and resistance are fresh.

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