Sunday, June 23, 2013

GBPUSD Price Action: GBPUSD breaks support as Pin bar Trade Setup fails. June 23, 2013.

 A Pin Bar Trade Setup on the GBPUSD last week Thursday (June 20, 2013) has failed since price broke the low of the Pin Bar by the end of trading on Friday June 21, 2013. This leaves room for more bearishness and price could target 1.5200 if this momentum is sustained. Our entry will be based on intra-day price Action Setups.

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