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Aug 26

To trade or no to trade

Posted by admin in Forex News on 08 26th, 2008 | No Comments

I’m a big fan of GBPUSD. Don’t know why. Just like its unpredictable action. You never know what will happen next.

The pair seems to be sideway since last week. However daily chart seem to be in bearing market. Unfortunately I’m a day trader. Still hoping for the pair to continue its downward trend. I’m not expecting any trade opportunity even within this week. So more time for my ForexStudy.net.

The downward trend is predicted to continue. All this is due to the project of slow economic in the Europe region. So GBPUSD is expected to continue ....Continue reading....

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