Tuesday, July 30, 2013

GBP / USD UPDATE: 30/07/2013. 13:45hrs

GBP / USD:

Price has continued to make its way down towards the target level.

The target has been revised slightly to 1.5185 (2.5) as the second order was not picked up.

Price has been down to 1.5290 in the London session and I and hoping the US session will continue to push sterling lower.

The stop remains at 1.5360 (break even) for the time being.

Chart below:

 
I will update again when I am able to move the stop loss.
 
 

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