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GBPUSD Analysis - 14 Dec 2010

GBPUSD - M30 Chart Analysis

London's opening resulted with 2 pin bars formed and price rejection at 1.5900. I set a sell pending order at 1.5880. It got triggered off within minutes. I need to watch this trade closely as we have news for CPI (GBP) coming up at 9.30am GMT.

EP: 1.5880
SL: 1.5910
TP: 1.5830



Trade update: Closed at BE.

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