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Old 10-21-2007, 05:12 PM
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Flag on GBP/USD

Close Friday above 2.0500 is confirmation of the previous days break out of the corrective range. Enter long apon opening, or wait to see if there is a short pull back.
The pull back looks like it would be less than 100 pips so I wouldn't be against en entry on opening of the market today. Depends on open level and if it gaps up.

Dave
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