Forex Profit Alert: December 22, 2008

The GBP/USD gapped up about forty pips on the open of the new session. This triggered a short trade and this pair retraced the gap for a profit.  The USD/CHF gapped down on the open about fifteen pips. This triggered a long trade and this pair also retraced it’s gap for a fifteen pip profit.

The USD/JPY has a new pending long pivot trade that was created at the close of Friday’s session. The EUR/USD has a pending pivot short trade. The GBP/USD has a pending short pivot trade. There is a pending long pivot trade in the USD/CHF.

There are no significant news announcements for tomorrow. Therefore, there are no movers trades.

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