Quick look on GBP/USD...

*Attached chart. Click on it for the enlarged version.

Hello everyone. On my previous post on my GBP/USD Trade (18-02-2008). I put a note saying that GBP/USD broke below the closing wedge in the Daily Chart so look for a lower high to short it.

Now, the thing is that. It looks like it is a "Fake-Out" plus a possible "Double Bottom".

Look to see where market is heading and what it is going to tell. Now, it is not saying anything.

Just this formation under the Daily Chart that I see. So do be a little careful.

Peace and trade safely everyone...