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GBPUSD – Same as the Aussie

The GBPUSD is also trading in a bearish market condition, it is just a few pips away from the ST resistance level, so as long as the GBPUSD keeps trading below 1.5474 I will be looking for short opportunities:

GBPUSD

GBPUSD

Yes I know, the existing home sales date screw every single currency pair up, but hey, the GBPUSD is still trading below the ST resistance level, so lets keep an eye open on the pound ok?

Trade Safe!

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

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This entry was posted on Tuesday, August 24th, 2010 at 5:27 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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