Blindfoldedmonkey: GBPUSD DAILY STRATEGY

Tuesday 8 October 2013

GBPUSD DAILY STRATEGY

Direction: long

Target: TP1 – 1,6160

Protection: SL – 1,6020

Our setup: 1,6095



Background: Yesterday and today the pair strenghened. We see on the pair long side strengh and we bought with a 65 target price. The bull trend is still intact so this position is in favour of the major trend.

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The BFM Assets Team

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