Daniel.B
Short

Rejection of Trend Line Resistance. *Short*

FX:GBPUSD   BRITISH POUND / U.S. DOLLAR
92 0 3
Hi Traders,

Opportunity has shown its pretty face once again. Clearly there has been rejection of the descending trendline on this currency pair with two different types of doji's forming at resistance.

Trade targets: First one is set at 1.4075 (first level of support)
Second target is slightly above the lows (1.3830) set at 1.3915

Stop: Slightly above this weeks high at 1.4510

Good luck guys. =)
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