GBP/USD trading

Lets draw approximate next week scenario for GBP:

Ok. First, probably GBP will range on Monday expecting closing point 30-40 pip from the open rate. Great opportunity to draw JAPAN DAILY STAR.
Tuesday - There will be next DOWN Step for cable (about 100 pips at least.) (From O/P to CL/P)
Wednesday - Pull up for max 60-80 pips (From O/P to CL/P)
Thursday- Range to be expected with little up 20-30 pips (From O/P to CL/P)
Friday - Short for 70-80 pips at least

*All pips to be considered as open/close rates of the day!!!

LETS WAIT AND SEE!!!:confused:
 
nik1033


Registered: Dec 2002
Posts: 22


12-09-06 03:11 PM

Lets draw approximate next week scenario for GBP:

Ok. First, probably GBP will range on Monday expecting closing point 30-40 pip from the open rate. Great opportunity to draw JAPAN DAILY STAR.
Tuesday - There will be next DOWN Step for cable (about 100 pips at least.) (From O/P to CL/P)
Wednesday - Pull up for max 60-80 pips (From O/P to CL/P)
Thursday- Range to be expected with little up 20-30 pips (From O/P to CL/P)
Friday - Short for 70-80 pips at least

*All pips to be considered as open/close rates of the day!!!

LETS WAIT AND SEE!!!
----------------


Hello Everybody & GT for TODAY!!!
 
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