Tuesday, July 24, 2012

GBP/USD Jul 24-2012


Trade Idea GBP/USD intraday: the downside prevails.

Pivot: 1.5580.
Our Preference: SHORT positions @ 1.557 with 1.548 & 1.5445 in sight.
Alternative scenario: The upside breakout of 1.558 will open the way to 1.563 & 1.567.
Comment: as long as the resistance at 1.558 is not surpassed, the risk of the break below 1.548 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 www.deryworldscorp.web.id
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