Monday, March 25, 2013

GBPUSD At Big Support-Turned-Resistance GBPUSD Short trade
Level around 1.5250 has been a big support previously. 

This time price is again at that area but from downside. So I expect this level to become support-turned-resistance. 

I entered short at 1.5245 with a stop at daily close above the resistance area. 

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