| Trade Idea GBP/USD intraday: key ST resistance at 1.555 |
Pivot: 1.5550.
Our Preference: SHORT positions @ 1.554 with targets @ 1.5445 & 1.541. Alternative scenario: The upside penetration of 1.555 will call for a rebound towards 1.5595 & 1.563. Comment: as long as 1.555 is resistance, look for choppy price action with a bearish bias. |
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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. CONNECTED
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