2/15/10

GBPUSD moving sideways


GBPUSD seems to stuck in a sideways trend and GBPUSD is currently looking to move above 1.5700 level and we might see it making it towards 1.5750 and then falling again. We might see intra-day traders looking to sell GBPUSD around 1.5750 level with a small stop and targeting a decent intra-day trade.

TRADE:

Sell GBPUSD @ 1.5745 for Profit Level @ 1.5645 with Stop @ 1.5785 level. 



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