Sunday, June 2, 2013

GBPUSD Price Action: Pin Bar Price Action Trade Setup. Against Market Open, June 2, 2013.


 The Cable has positioned itself for further bullishness as Price Closed as a Pin Bar off New Support. Expectations are for price to target higher prices pending its ability to break above near resistance as shown above.

My Recommendations: buy pair on a failed attempt to break or approach New Support.

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