Wednesday, 12 December 2012

GBP/USD looks good

As we close the EUR/USD AT 13090, I expect this to fall from here heading back to 12900, if it's to remain in it's current price range..

With this in mind view the GBP/USD chart..


I closed my long position for + 39 pips and I am now lookin gto sell, the correlation is weak, if the EUR/USD is set to fall.

Any break above 13120 and Above on the EUR/USD is a break out to go long  in the coming weeks..

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