Wednesday, 3 February 2010

Strong sell GBP/USD:

Negative news reported for the services PMI which will most likely move the GBP in downtrend level. Current price 1.6017. I expect that the price will move down to about 1.5990 within the next hour or two.

* Trade at your own risk! 

Updated at 2:20pm - Profit of 42 pips! Bought at 1.6017, sold at 1.5970.