GBP/USD decisions decisions decisions….

October 7, 2005 by Trader Rich

I have to decide whether to exit my GBP/USD position. Things were
bad late yesterday and obviously turned around for the worst with the
US payroll and unemployment data this morning. In addition, there
is a bearish engulfing pattern on the daily charts as exhibited by the
following:

Engulfing Forex Candlestick

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Filed Under: Investing and Trading
Tagged: Forex Trading, GBP/USD, October 2005
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