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Currency Strenght

Thursday 28 July 2011

GBPUSD 4hr Update




CBI Distributive Trades Survey
Actual -5.00
Forecast 2.00
Previous -2.00
sending the gbpusd closer to the predicted daily 3rd wave down i managd to get filled on a short order @ 1.6344 stop 1.6376
Still and expected rally is still on the cards till 1.6260 is taken full out then daily 3rd wave dwn will be on its way.


PLS see Previous post from the 27/07/2011

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