Saturday, 8 March 2014

WEEK ENDED 7.3.2014  (PART II)

Okay, let us have a look at our next forex pair, GBPUSD.

Not surprise it behaves similarly to GBPJPY which we reviewed just now.

1 HOUR CHART


















Again not much to say about GBPUSD except the price did not drop much. Price still floating a gain of 130 pips plus.


4 HOUR CHART


As with the hourly chart, GBPUSD shows no new signal at all. So, I shall not be spending time writing more. Picture paints a thousand words.

Now, do not be disappointed. Our next forex pair, will be very, very interesting.

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