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jhakas
Jan 25, 2016 11:28 AM

GU Long Setup from 1.42 with SL. 1.40 and TP towards 1.46 Long

FX:GBPUSD1D
British Pound/U.S. DollarFXCM

Description

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Buy Limit : 1.42

SL. 1.40

TP. 1.431

1.437

1.46

1.48

Comment

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Trade Active

Comment

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Good reversal.. daily close above 1.43 will bring more upside towards 1.44

Comment

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Key Area 1.4375... above target will be 1.45

Comment

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Finally we have breakout of key area 1.4375... and now near term target is 1.45..

Good to buy on dips under 1.44 for 1.45 tp and short term sl. 1.427

Comment

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GBP/USD as per Monthly Trendlines.

Comment

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GU Update as per 4hr TF.

gbpusdlong
Comments
ManuFx
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Excellent but top will be on bottom 1.4120 - not yet.. pull back to 1.44 - may be 1.46. right
jhakas
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reversal from above 1.415 suggests for short term we have bottom in place under 1.41.. It would be good if gu close daily above 1.43 for more bullish action..
Marvin
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Great trade. Well done mate.
jhakas
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thx.. dude!
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