GU update 27/7/09

sell @ 1.6460 - 1.6500 stp @ 1.6517

Support Resistance 23/7/09

scenario 1 : from this position (currently running 1.6513 - 16516) GU could directly drop to 1.6449 area or even to 1.6395 area. before continuing its upward movement

scenario 2 : it could retest 1.6533 - 1.6560 high... if this resistance could hold then we back to scenario 1. but if its broke (which confirmed by 1H candle closed above 16560high ) then it could move to 1.6597 - 1.6622 area

GBP USD update! 22/7/09

BUY @ 1.6270-1.6300
STP @ 1.6250
TP1 @ 1.6438
TP2 @ 1.6517