Thursday 27 August 2009

Wednesday 26th August

Wednesday proved to be an excellent day with the USD coming on very strong at around 11.00 This generated trades for all the six pairs producing 357 pips in total.

The Short trade for GBP/USD was the best of the day with a gain of 127 pips from an Opening of 16293 and a Close of 16166. The only pair that failed to hit it's target was the USD/JPY with only 10 pips gain.

There are one or two bits of technical information coming out tomorrow Thursday 27th so we shall have to wait and see what effect they have on our predictions.

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