Yesterday"s price action failed to confirm the previous day"s Doji and price is heading higher again and the short trade has been stopped out. Hourly studies continue to tick north but are overbought and fails at or ahead of 1.6085 are possible. Prefer to be a buyer of dips now as daily charts ignore overbought levels and point north.
TODAY SIGNAL
NO TRADE
GBP - USD MAY 29 2009
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GBP - USD SIGNAL,
Today Signal
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