Above is 4h gbp/usd chart,im still view the upside progress like my previous analysis,the immediate target should be place around 1.9850 to 1.9962 zone,2nd target around 1.9962 to 2.0145 zone.and my maximum target around 2.0145 to 2.0450 zone.stop loss below 1.9680 to 1.9620 zone.
Above is gbp/yen 4h chart,i dont want to get in with this pair,since the pattern still not complete and still in overbought zone.If this pattern complete the top should be in place around 211.50,this action should confirm when 1candle open above gathering resistance zone around 209.0 level.
Posted by
millionaire |
Sunday, June 01, 2008
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pound sterling
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