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GBP/USD Intraday Technical Analysis & Trade recommendations June 24, 2011

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john

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Join date : 2011-03-27

GBP/USD Intraday Technical Analysis & Trade recommendations June 24, 2011 Empty

Subject: GBP/USD Intraday Technical Analysis & Trade recommendations June 24, 2011 Fri Jun 24, 2011 12:49 pm

GBP/USD Intraday Technical Analysis & Trade recommendations June 24, 2011 Real Money Doubling Forex Robot Fap Turbo - Sells Like Candy! ORDER NOW READ MORE ABOUT IT The pair is still in the bearish channel now testing the lower limit and the marked support level . Yesterday , the pair witnessed strong selling pressure which pushed it down to 1.5950 . This level is a strong support as shown in the chart . On the 4H chart , the pair is in a short-term bearish channel . Yesterday we notice the clear rejection of the price at levels 1.5970-1.5940 manifested as Hummer + Bullush Engulfing candlesticks It's important to notice that this level is the lower limit of the channel + strong support shown on the Daily chart . Trade recommendations : BUY the pair at current price with TP at 1.6100 then 1.6160 SL 4H closure below 1.5930 Real Money Doubling Forex Robot Fap Turbo - Sells Like Candy! ORDER NOW READ MORE ABOUT IT

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