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Wednesday, June 3, 2009

GBPUSD Technical Analysis 5 minute timeframe


*Correction this chart is not GBPJPY but GBPUSD*.


here what ive seen at 5 minute time frame. Its look like bullish wave sequence in minor movement. already buy GU at 1.6453 and planning to hold the position until 161.8 fibonacci expansion. Just a small Stop loss its around 20 -30 pips onlye. have a nice trade good luck.

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