Buy GBP is a good point these weeks

8
Oct/09
0

On my last article I mentioned it’s a good idea to sell GBP @ 1.65, and take profit @ 1.60, now it seems the end of the downtrend of GBP/USD is over for a short period. If you had followed my suggestion and trading with a lot, you have already got USD$5000 with initial fund of USD$400 or so, which is a standard lot.

So, it is good idea to buy GBP/USD and take profit @ 1.70.

The suggestion above may be effective for 2-4 weeks.

Good luck.

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