Trade Idea GBP/USD intraday: the upside prevails. |
Pivot: 1.5535.
Our Preference: LONG positions @ 1.5545 with 1.559 & 1.562 as next targets. Alternative scenario: The downside penetration of 1.5535 will call for a slide towards 1.55 & 1.5465. Comment: the pair is on the upside and is challenging its previous high. |
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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