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GBPUSD 60 min 3 17 09

GBP/USD 60 min. 3 17 09

 

GBP/USD 60 min. I am loving this currency. Every time I turn around, there is a trade opportunity. It had come back to the previous resistance (& support) at the 1.4065 area. Stochastics showing overbought, so I knew a bounce off was imminent. And of course, it dropped like a rocket. Really nice short trade. I was able to close out before the strong USD weakness today.

 

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Uploaded on April 22, 2010
Taken on March 18, 2009