Trade Alert for GBP/USD

Hi Traders,

I am taking a look at the GPB/USD pair, and I am looking for a pullback to the 1.5615 area.  The pair is in an uptrend, but the trick is to find a decent entry.  The stochastics and macd divergence was suggesting for a while that price was going to come back down, and if it does, I would really like the look of a long.

I placed an order, and it looks like this:

OPEN POSITIONS:  None at this time.
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CIS* Alert Service  

Date:  

Action: 

Take Profit: 

Stop Loss:


CIS* Complimentary Investment Strategy
Ref:

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PENDING ORDERS:

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CIS* Alert Service (C041AS)

Date:  Friday September 24, 2010

Action:  Order to buy 1 unit GBP/USD @ 1.5615

Take Profit:  1.572

Stop Loss:  1.555

CIS* Complimentary Investment Strategy
Ref: mw

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CIS* Alert Service (C040AS) 

Date:   Friday September 24, 2010

Action: Order to buy 1 unit EUR/USD @ 1.340
Action:  Order to buy 1 unit EUR/USD @ 1.337

Take Profit:  1.3445 and 1.353
Stop Loss: 1.335

CIS* Complimentary Investment Strategy
Ref: tcd

None at this time.
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CLOSED POSITIONS:
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Trade (C038AS) GBP/USD position was closed at our take profit level.  :)

Trade (C039AS) EUR/USD position were closed for nominal profit.

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From the Desk of
Aaron Reid
Forex Strategist