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GBPUSD Weakness may continue.

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GBPUSD Weakness may continue.

Posted 10-28-2009 at 09:50 PM by Auslanco
Updated 10-28-2009 at 09:54 PM by Auslanco

GBPUSD: Current Price 1.6362

After a quick stop hunt spike towards 1.6475 region , GBPUSD is likely to fall towards 1.6100region.

Sell entry Area 1.6470
Stop Loss 1.6560
Target 1.6100

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Auslanco offers over four years of experience as a full time forex trader. His trading style is intraday and short term swing, based on technical analysis. Auslanco will be providing technical analysis on all the major and the main crosses as well as the Down Jones and Crude Oil.

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