GBP/USD Anlaysis

Greetings.

Let’s take a look at the GBP/USD chart.

We’ve been in a sideways channel and it looks like we may be setting up for a break to the downside. Look for the pair to potentially hit the 1.5500, 1.5200 then 1.5000 in the longer term.

Good luck with trading and be sure to apply your money management.

C2FX Forex Trade Sheet

For 2011:

• +5,327 long term pips
• +1291 pips short term trades
• +50-100 pips per week average on quick trading

To find out more about the C2FX Forex Trade Sheet, visit www.ProPipper.com.