Monday, February 23, 2009

140 pip loss on GBP/USD

since my last post yesterday, the market did reverese and my trade closed for a loss. I was incorrect in my analysis and it looks definitely like a reversal is at play. I shall update my analysis during the week and place new trades accordingly. You win some you loose some.

It looks like a major uptick on the GBP/USD is likely to happen.

2 comments:

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