GBPUSD 04.11.2013 Trade Outlook

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gbpusdweekly

The GBPUSD has hit resistance and once again showing a sell signal. I would be shorting the GBPUSD at the 1.6059 area. I would be delighted if I could get a higher price. the stop loss would be a close above the high recorded in 2013. Do watch for this trade as it might turn into a gem trade. All the best.