GBP/USD trading

positive gbp data causing a holdup today - it was the british industry trades release and it was up 10, instead of down the forecast 2. USD upcoming info = gbp sinks.
 
01.28.2007 for Monday 29 ((ET) GMT-5)
(super intraday)
- 05:00 a.m. - 03:00 p.m.(01.29.2007) - sell +++
- 04:00 p.m. - 07:00 p.m.(01.29.2007) - sell
"+++" - pluses - means without trade-risk.
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(intraday)
- Down trend
- sell zone 1.9588-1.9636
- stop 1.9676
- target 1.9515
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5 days trade - 30.00 westernunion (usd)
expiration date: 02.02.2007 (mm.dd.yy)
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03:50 Japan Retail sales (December) Y/Y -0.3% -0.5% -0.1%
12:30 Italy Business confidence (January) 94.4 96.3 96.1 (96.7)
15:00 UK CBI retail sales volume balance (January) +30% +11% +25%

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IMHO ----Do not trust this news, influence is complicated and consists of many news...as it happened today!!!

GL & GT
 
Long GBP @1.9615

Stops below: 1.9590 (below daily & weekly opening range)

target:1.9742 (prev week open) & 50% fib retracement

Possibly adding above 1.9700
 
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