Monday, July 23, 2012

GBP/USD Jul 23-2012

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.

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.
  Visit Us
Sign up for OKPAY and start accepting payments instantly.


Subscribe via email

Enter your email address:

Delivered by FeedBurner