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GBP/USD AFTERNOON ANALYSIS

GBP/USD 1.27490 10:10 06.12
EUR/USD 1.07644 10:10 06.12
Vodafone 190.155 10:00 06.12
Rio Tinto 3011.250 10:00 06.12
LLOYDS Bank 58.576 10:00 06.12
HSBC L 645.300 10:00 06.12
FTSE F-DEC16 6741.250 10:00 06.12
FTSE 250 17389.880 10:00 06.12
FTSE 100 6742.800 10:00 06.12
British American T 4346.500 10:00 06.12
Bp 462.750 10:00 06.12
Barclays 218.555 10:00 06.12
USD/RUB 63.788 10:00 06.12
USD/NOK 8.35339 10:00 06.12
USD/CHF 1.00659 10:00 06.12
OIL-FEB17 (BRENT) 54.885 10:00 06.12
Tesco 210.805 10:00 06.12
COPPER-NOV16 2.6553 10:00 06.12
EUR/ILS 4.09585 10:00 06.12
USD/ILS 3.80413 10:00 06.12
NZD/CHF 0.71713 10:00 06.12
CAD/CHF 0.75932 10:00 06.12
NZD/USD 0.71245 10:00 06.12
SUGAR (11)-MAR17 19.3350 10:00 06.12
EUR/AUD 1.44666 10:00 06.12
CAD/JPY 86.098 10:00 06.12
AUD/USD 0.74427 10:00 06.12
AUD/JPY 84.945 10:00 06.12
GBP/USD 1.27491 10:00 06.12
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By: Eduardo Castillo
April 17th 2014 14:15pm GMT, London UK
 
GBP/USD
As we have seen so far the trending of the GBP, it is giving us a hint in which makes us believe on a stronger US Dollar and also an appropriate way of making a double down trading, as we observe the GBP falls and heads 1.6770 the opportunity for the US Dollar followers to start taking the long term positions for more than one week has started now; in order to let the asset reach the level and then wait for the correction and resuming trend that we would expect in about 4-7 days from now. Also we have to remember that there is a gap formation to the correction of the GBP/USD that has to be reached to achieve from 1.68125 to 1.68160.

GBPUSD with binary options 17-4-2014

U.S. Initial Jobless Claims rose 2000 Last Week, to 304,000, now this tells us that the economy of the U.S. is weaker than it seems, also the reports received on the Housing Stats, showed a change on the asset and correction levels. When trading with Binary Options, we have a dual opportunity in the market as we can place downtrends on mid-term (End of Day) and long term Calls for more than a week. Push with trending on the GBP/USD and get as much profit as possible by opening positions for an hour and above during this trading session according to the trend of the asset that is shown on a 15 time frame chart.

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Adam Stone
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Adam Stone

As COO of GOptions, my first and foremost goal is to provide traders with the most up to date info from the markets. I have been trading the markets since 2004 and have been involved with stocks, binary options, and forex trading since then. I have had no formal market education and pride myself on a self taught approach to everything related to trading. I try to focus though on both the technical and fundamental aspects related to each trading day and bring forward the most important aspects of risk/reward in the market.
Adam Stone
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