Pound was supported well at 1.7630 levels but could not break above 1.7670. A quick pull back from there eliminated us from our 1.7635 buy position at entry for no P/L. However we would still stay in the same view expecting the currency to rally towards 1.7750 and 1.7800. So prefer buying again at 1.7620 for the above said target to be reached.
Buy @ 1.7620 for 1.7740 min, with stop below 1.7590.
"PERFORMANCE FOR THE MONTH OF Dec,2005 UPLOADED IN THE SITE"
By N. Rajesh Kumar,
Forex Leads,
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