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GBPUSD: Bullish, looking for long opportunities

Apparently the GBPUSD was rejected from an important LT support level around 1.4955:

GBPUSD

GBPUSD

And now the GBPUSD is trading above the short term resistance level, triggering a bullish market condition. Therefore long opportunities are in play.

Trade Safe!

Raul Lopez
http://www.straightforex.com/

This entry was posted on Thursday, March 11th, 2010 at 4:01 pm and is filed under Technical. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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