forex experts say GBPUSD is going down.
Posted on Monday, May 3rd, 2010 at 4:39 pm.
Looking at the ecomonic side of trading as well as the technical trading experts are expecting the GBPUSD currency pair to continue too drop over 1000 pips in the next few weeks. One thing we can use because the market is consolidated at this point of time is the Forex magic stick. Looking to put your sellstart command and entry point 1.5227 and sellsl command at the last swing point located at 1.5287 and first take profit is 1.5151 at this point of time. You can adjust break even once the market is in profit 50 pips and it will become a risk free trade. Trading with magic stick has made it so easy and helps me stay out of slow markets so look at this projection and see what happens. You will be amazed what this Forex EA can do.
