Thursday, April 03, 2014

Pound update for Intraday trading Good day for Learning process



Pound GBP/USD Intra-day update (day trading oppotunity) As few days earlier, we saw a liquidation break which saw desperation and buying was there very strong but after that we saw a strong selling at the same point and need more data to remain directional on Pound. We still did not point any Intra-day opportunity in pound. But that does not mean that heavy selling can't be here. But still Bias is neutral to bullish as strong demand area is holding and that is the way currencies are traded.

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