Intraday trading analysis (tips) for GBP/USD 3 May 2011, we recommend, Enter long in GBP/USD above 1.6585 for target of 1.6625 and 1.6655 also place protective stop loss order below 1.6565. Reason to trade long: GBP/USD was on uptrend and we see a good buying opportunity. Strong GBP and weak USD is responsible for this strong up trend. So this up move is likely to continue from the current level ... [Continue Reading]