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GPUSD being traded sideways

Muhammad Zeeshan Ali from AMZ Capital at 02/15/10

 


 

GBPUSD: (1.5680)

 

GBPUSD seems to stuck in a sideways trend and GBPUSD is currently looking to move above 1.5700 level and we might see it making it towards 1.5750 and then falling again. We might see intra-day traders looking to sell GBPUSD around 1.5750 level with a small stop and targeting a decent intra-day trade.

 

TRADE:

 

Sell GBPUSD @ 1.5745 for Profit Level @ 1.5645 with Stop @ 1.5785 level.
 

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