Sunday, April 21, 2013

GBPUSD Forex

GBPUSD Forex , Using 6B Futures Contract

[caption id="attachment_6437" align="alignleft" width="300"]GBPUSD chart Forex trading GBPUSD[/caption]

GBPUSD Forex Direction & Targets

This is an Update on last post on GBPUSD Targets&Direction. After few days,we can buyers having hard time to pass this first 50% Ret. Fibonacci and the 50MA. Right now GBPUSD price are between my Green Trend line and 50MA. Is in a consolidation and should break out very soon. I'm more likely to go for a short one, because Sellers are under my Brown Area line and 50MA. And in last few days buyers din't have the same commitment as they did on past move UP. Short:1.5103 -1.5047 - 1.498  Long:1.5377 - 1.5483 - 1.5551

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