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ActionForex Reports - Trade Idea: GBP/USD - Exit short entered at 1.5450
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post Apr 12 2010, 12:32 AM
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Although intra-day retreat to 1.5365 suggests further consolidation below resistance at 1.5486 would take place, however, break of 1.5312-20 (current level of the Kijun-Sen and previous resistance) is needed to signal top has been formed and bring correction towards the Ichimoku cloud top (now at 1.5214), otherwise, upside risk remains...

http://www.actionforex.com/action-insight/...20100412110756/
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