MONTHLY UPDATE: GBPUSD
GBPUSD finally broke 1.5300 for the first time since 2010 and it appears to heading towards 1.4800. However, 1.500 is the barrier for now. GBPUSD is a pair that reward shorts if taken at the right level because 3-7 months of bullish run is usually reversed by 1 month of bearish reversal.
Study a pair carefully and take advantage of its PA.
Attached Thumbnails http://www.forexfactory.com/attachme...1&d=1362678985 http://www.forexfactory.com/attachme...1&d=1362678985
GBPUSD finally broke 1.5300 for the first time since 2010 and it appears to heading towards 1.4800. However, 1.500 is the barrier for now. GBPUSD is a pair that reward shorts if taken at the right level because 3-7 months of bullish run is usually reversed by 1 month of bearish reversal.
Study a pair carefully and take advantage of its PA.
Attached Thumbnails http://www.forexfactory.com/attachme...1&d=1362678985 http://www.forexfactory.com/attachme...1&d=1362678985