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intraday forex signals

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Saturday, 25 September 2010

GBPUSD 120 pips, TP3 met

We had a nice, clean move in cable on September 24, 2010, reaching our take profit #3 level, totalling 120 pips.

The original signal we sent out:

Cable is in an uptrend as long as above 5500, possible short term target is 6000. Intraday: 5580-5600 is the important support to watch to keep the bullish view intact. Below here market is likely to push price towards 5500 strong resistance area. A break here ignites further falls. We recommend buying dips as long as above 5600 for 5700 & 5800.
LONG @ 5600, SL 5575, TP1 5670, TP2 5700, TP3 5750, TP4 5800.
LONG @ 5680, SL 5650, TP1 5700, TP2 5750, TP3 5800.

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