Thursday, April 18, 2013

GBP / USD UPDATE: 18/04/13 06:35HRS

GBP / USD:

Price has not moved overnight and stands at 1.5244 at the time of writing.

The moving averages have moved down allowing me to lock in 0.5% profit.

 I am looking for price to make a new low, allowing me to locking more profits as the decline continues.

Chart below:

 
I will update again this afternoon or when the next strategy trade has been identified.
 
 

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