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GBP/USD: Short Term Bullish Setup
Wednesday, 26 September 2007 17:03:11 GMT
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- Friday, 16 October 2009 23:49:22 GMT Forex Weekly Trading Forecast - 10.16.09
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- Thursday, 08 October 2009 18:45:40 GMT USD/CAD: Trading the Change in Canadian Employment
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- Thursday, 08 October 2009 00:55:04 GMT What Should We Expect From the BoE and ECB Rate Decision?
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- Friday, 02 October 2009 13:11:10 GMT U.S. Unemployment Reaches 26-Year High of 9.8%
- Thursday, 01 October 2009 15:54:31 GMT EURUSD: Trading the U.S. Non-Farm Payroll Report
- Thursday, 01 October 2009 21:08:54 GMT Risk Appetite Pulls Back Once Again but When Will the Bull Trend behind Currencies and Equities Finally Break?
The trendline from June of 2006 continues to support the GBPUSD and both our preffered an alternate wave counts are near term bullish. The reward to risk ratio on this trade is at least 2:1 but we plan on trailing the stop with this trade. As always, updates are published daily on current and new trades at DailyFX+. We began publishing this report in May and the trades have generated a net profit of 2,465 pips (not including the AUDCAD open trade) so far.
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