Sunday, February 12, 2012

GBP/USD Spotlight: Indicator of the Day (Daily FX)

May 28, 2009 by · Leave a Comment 

Gbp/Usd: A “ shooting star ” is a candle formation that occurs at the end of trend and often results in some form of a top. For this set-up to occur, the market will trade significantly higher right from the open, before eventually retreating to close all the way back by opening levels.

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