HouTianTan
Long

GBPUSD 01/12/2013

FX:GBPUSD   British Pound/U.S. Dollar
305 0 1
With the Moving Averages showing that this currency pair is on fire in the H4 charts, there is a slight retracement close to 1.6350 during last week's closing. With that, I would recommend a long for this pair until it hits the next Fibonacci level, which is the golden ratio of 1.618.
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