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Trade Ideas

Trade Idea – 17 April 2013 (10.40 UK Time)

Good morning traders!

Here is my preferred trade setup for today:

Buy GBP-USD at 1.5229; stop loss at 1.5212 (i.e. 17 pips); Target 1 at 1.5270 (41 pips) and Target 2 at 1.5335 (106 pips)

gbpusdh1 17april 2013

As always I would like to see clean arrival into the level. If the price action hesitates just before getting into the level then I will not take this trade.

We will come back and review later in the day if the trade gets triggered.

If you want to discuss this trade or want to share your views you are very welcome to contact us.

Happy Trading!

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