Saturday, April 20, 2013

GBPUSD Price Action: Closing Price Reversal Trade Setup, April 20, 2013.

At my previous commentary on the pair, I advised being a bit more patient to ascertain its true direction. Now, GBPUSD has made a failed attempt at going long, following the inside Bar Trade Setup of the 18th April. A Fakey with Pin Price Action Trade setup ensures which closes below the previous support which should now act as resistance in sending the pair lower.

This is the Link to my Online Price Action School. Registration for the first batch of Students is ongoing.

CLICK HERE


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