Thursday, March 28, 2013

GBPUSD Price Action: Outside bar Trade Setup, 29/03/2013

 I did point out in yesterday's commentary that there was a hidden support on the pair as the Trade room closed out its previous short trade on it. Price has moved higher today as expected and could target near term resistance at about 1.5260.

My Recommendation: Look out for Long entries on the intraday time frames.

No comments: