FOREX GBP/USD 2nd September 2008


GBP Daily 7:10am

GBP pushed down into the Weekly and Monday's lows:- random support.

Brown filter support and expectation that price should hopefully move back towards the 5-day 50% level (minimum 90 pips)

Support should hopefully hold until 11am when the shift in support moves.

Long 1.8003 (stops 1.7981 22 pips)


Stopped -22

GBP heading down into September lows:- Weekly breakout


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