Tuesday, April 9, 2013

GBPUSD Price Action: Inside Bar Price Action Setup, 09/04/2013

 Following the Break of resistance discussed here 07/04/2013, An inside Bar Trade setup emered at the close of Trading yesterday. An inside bar in an uptrend after a confirmed break would usually lead to higher prices and we do see here that price moved higher today. Expectations are still for even higher prices with resistances at 1.5500. 1.5620 as immediate targets.

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