Friday, July 13, 2012

GBP/USD Jul 13-2012


Trade Idea GBP/USD intraday: under pressure.

Pivot: 1.5475.
Our Preference: SHORT positions @ 1.5465 with 1.539 & 1.537 in sight.
Alternative scenario: The upside breakout of 1.5475 will open the way to 1.5515 & 1.555.
Comment: the pair is rebounding but stands below its resistance.


Disclaimer The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities.
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