| Trade Idea GBP/USD intraday: the upside prevails. |
Pivot: 1.5590.
Our Preference: LONG positions @ 1.56 with 1.5675 & 1.571 in sight. Alternative scenario: The downside penetration of 1.559 will call for a slide towards 1.5545 & 1.552. Comment: the pair has broken above its previous high and remains on the upside. |
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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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