If today’s price break 1.9655, I personally expect gbp/usd is going to go South until at least 1.9609. Just an expectation, because my technical tools showing vague sign of wolve waves and my subjective conclusion that on friday gbp/usd trend usually tends to follow its first 25 pips move during the opening of London market

Today’s Forex Signals 15-02-2008
Best time to place this order: 05.00 GMT

GBP/USD
Stop/Limit/Market Order
sell @1.9655

Set Stop Loss @ -30pip
Set Profit Target @ 20 pip

Daily Pivot: 1.9675

Below is previous (13-02-2008) trade and it’s result:

GBP/USD
Stop/Limit/Market Order
buy @1.9582

Result: -30 pip loss
-

If you’re relatively new to this blog, you might want to read below articles for better understanding about this free forex signals service :

• Order Placing Time
• How to set up an order

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