GBP/USD will up to 1.6050

Signal Buy on GBP/USD & EUR/USD

  • BUY GBP/USD @ 1.6010 TP 1.6050, good SL 100 pip from entry position.
  • BUY EUR/USD @ 1.3964 (open market) TP 1.4000, good SL 100 pip from entry position.
  • Status GBP/USD : closed at TP +40
  • Status EUR/USD : closed at TP +36

good job…

Review Market GBP/USD, PMI Construction Exceed Estimates, trigger Sterling Rebound

Look at asia trading session today GU weakened, After touching the lowest level  at price 1.5850 and successful rebound at price 1.6004.

Pound sterling as the presence of strong positive signal on the British economy, where it is shown by an increase in the growth performance in the field of construction in the country. Construction PMI indicator reported a 48.6 increase previously expected only to rise to 47.7 from 47.1 the previous value. This positive response by investors in forex trading.

Chart GBP/USD oh H4

gu-3 feb-10

the technical, if GBP/USD broke through the 1.6010 level, this means that a positive signal to continue the trend up to 1.6050.

Disclaimer : Forex trading is a type of investment business is very promising with a very high yield, but it can not be separated from the high risk, can even spend your capital. all the risks in forex trading can be minimized by analysa and good knowledge, then, before you enter in foreign exchange trading business we recommend that you study in advance of this business to obtain a highly profitable trading system and profitable for you. for it is always wise with your capital, and be careful with the types of investments that you currently live.