12th March 2009 GBP/USD part 2



GBP Weekly and 3-day pattern

GBP was the only currency that played out (AUD didn't move high enough)

I would partial exit around 7pm or 1.3783...

As per Morning report:- either it continues with the Weekly break down towards March lows and into the 5-day lows on Thursday....

Or swings upwards and takes out the top and continues higher during US hours.

Run breakeven stops from entry.