GBPPLN

Exotic FX this one so a large spread and wide minimum stop but I follow it out of vested interest. Anyway, looks good for a long from here to target the downtrend resistance:



dl.dropbox.com/u/20815047/GBPPLNdaily29_11_12.gif

A sequence of higher lows with a higher high and an apparent bounce off the uptrend support formed by those higher lows. This after a bullish RSI divergence which also provided support at today's uptrend support test. Stoch looks set to cross over for a further buy signal. I'm long from 5.045.