This is just a rehash of a post I made the other day. Although Trend Line Support was breached and I was stopped out of my long trade the the GBP/USD pair, price has bounce back from just beyond the support lines and I am going to attempt to long again with a stop loss beneath the recent low. Cmellon's Delta Trading charts http://cmellon-deltatrading.blogspot.com/ also point to some Pound strength over the coming days. 1.66 is the target.
Thursday, December 10, 2009
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