Monday, 25 March 2013

GBP/USD 25 MARCH 2013



Price has taken out the 5200 level and has started the reversal process on this time frame. We now have to wait for a B swing high to form, then a pullback down to the 618 for an entry long. Stand aside for now.

Will be going long if:
No trade setups, we don’t have any criteria in place.

Will be going short if:
No trade setups, stand aside.

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