| Trade Idea GBP/USD intraday: the downside prevails. |
Pivot: 1.5645.
Our Preference: SHORT positions @ 1.5635 with 1.555 & 1.5515 as next targets. Alternative scenario: The upside penetration of 1.5645 will call for 1.567 & 1.5705. Comment: as long as the resistance at 1.5645 is not surpassed, the risk of the break below 1.555 remains high. |
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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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