Forex Profit Alert: November 24, 2008

The GBP/USD pair gapped up on the open of the new session. The first leg of this trade produced a profit of +54 pips. The second leg of this trade was stopped out at breakeven.

The USD/JPY has a pending long pivot trade at this time. The EUR/USD has a pending long pivot trade and a new pivot short trade. The GBP/USD has a pending long pivot trade and a new pending short pivot trade. There is a pending short pivot trade in the USD/CHF. This pair should produce a new pivot high before the end of the week.

There are no movers trades for tomorrow.

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