Wednesday, March 28, 2012

GbpUsd

Been holding this position from yesterday.The pair has formed a bearish candle which in my opinion indicates the strength of the resistance at around 5970 area.I am still short this pair to around 5900 and later to 5800 or so.
Commodities are also in my opinion heading lower after hitting resistance levels last night.I am in short for the short term.

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