Short Term Trading forex trading links forex trading books market statistics trader values euro and us dollar Shocks Crashing Short-term forex trading: ++ GBPUSD, Dec. 2012

Wednesday, 12 December 2012

Short-term forex trading: ++ GBPUSD, Dec. 2012

gbpusd daily chart
The British pound is targeting the resistance at 1.6175. A break-out from this level could take the price to 1.6248 and eventually 1.63. December is one of the best months for the British pound against the U.S. dollar. The medium-term trend is up.
The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed, neither the information presented nor any opinion expressed constitute a solicitation of the purchase or sale of any forex, futures or commodity product. Those individuals acting on this information are responsible for their own actions. Forex, futures and commodity trading may not be suitable for all recipients of this report. The risk of loss in trading forex, futures and options can be substantial. Each investor must consider whether this is a suitable investment. All recommendations are subject to change at any time. Past performance is not a guarantee of future results. Please Note: All performance figures and illustrations were obtained using historical back testing on a computer and are not the results of an actual account. No guarantee is inferred that future performance will be like the results shown. Futures, forex and options trading involve risk. There is a risk of loss in futures, forex and options trading.

1 comment:

forex tips said...

Very nice and helpful information has been given in this article. I like the way you explain the things. Keep posting. Thanks.. forex tips

Post a Comment