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Mizuho’s technical analysis:
Market is sideways. Suggested strategy is to attempt long (buy) at 1.5700; stop below 1.5400. First target 1.6000. Points to watch: 3rd support (1.5535) and 3rd resistance (1.6200)
Danske’s technical analysis:
Market is in a downtrend. Suggested strategy is to attempt long (buy) if price breaks 1.6201 with first profit target at 1.7235. Place the [...]

Today’s GBP/USD Forex Signal (10-11-2008)
Best time to place this order is at 05.00 GMT
buy @ 1.5745 ( Stop/Limit/Market Order)
Set Stop Loss @ -30pip
Set Profit Target @ 20 pip
Daily Pivot: 1.5705
Previous day’s HLC Price and today’s Support-Resistance Levels

Below are previous trade’s result and the Eur/Usd Signals:

Today’s GBP/USD Forex Signal (07-11-2008)
Best time to place this order is at 05.00 GMT
sell @ 1.5794( Stop/Limit/Market Order)
Set Stop Loss @ -30pip
Set Profit Target @ 20 pip
Daily Pivot: 1.5834
Previous day’s HLC Price and today’s Support-Resistance Levels

Below are previous trade’s result and the Eur/Usd Signals:

Today’s GBP/USD Forex Signal (06-11-2008)
Best time to place this order is at 05.00 GMT
sell @ 1.5929( Stop/Limit/Market Order)
Set Stop Loss @ -30pip
Set Profit Target @ 20 pip
Daily Pivot: 1.5969
Previous day’s HLC Price and today’s Support-Resistance Levels

Below are previous trade’s result and the Eur/Usd Signals:

I finally closed this trade with +200 pips. The target wasn’t reached and price rebounded to north hitting my trailling stops. Below is the new trading idea based on today’s data.
Mizuho’s technical analysis:
Market is sideways. Suggested strategy is to attempt long (buy) at 1.5880; stop below 1.5400. First target 1.6000.
Danske’s technical analysis:
Market is sideways. Suggested [...]

Today’s GBP/USD Forex Signal (05-11-2008)
Best time to place this order is at 05.00 GMT
buy @ 1.5918( Stop/Limit/Market Order)
Set Stop Loss @ -30pip
Set Profit Target @ 20 pip
Daily Pivot: 1.5878
Previous day’s HLC Price and today’s Support-Resistance Levels

Below are previous trade’s result and the Eur/Usd Signals:

I’m currently having a floating sell on gbp/usd. As I wrote in previous intraday trading idea, I would open a sell trade if gbp/usd price broke 1.5989. It happened yesterday, so that I opened sell at 1.5989. It’s currently floating on 204+ pips. Below is the chart with a little explanation.
Before you continue reading, please [...]

Today’s GBP/USD Forex Signal (04-11-2008)
Best time to place this order is at 05.00 GMT
sell @ 1.5992( Stop/Limit/Market Order)
Set Stop Loss @ -30pip
Set Profit Target @ 20 pip
Daily Pivot: 1.6032
Previous day’s HLC Price and today’s Support-Resistance Levels

Below are previous trade’s result and the Eur/Usd Signals: