At this point, the GBP/USD is reversing to target 1.5900. As of 1/30/2013 6am GMT, the GBP/USD is at 1.5748. For the next trade, you can either enter now to target 1.5900 or place the following trade:
Limit Buy @1.5720
Limit Sell @1.5900
Stop @1.5670
Happy trading!
LattePIPs
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