Monday, July 30, 2012

GBP/USD Jul 30-2012


Trade Idea GBP/USD intraday: bullish bias above 1.566

Pivot: 1.5660.
Our Preference: LONG positions @ 1.568 with 1.5775 & 1.58 as next targets.
Alternative scenario: The downside breakout of 1.566 will open the way to 1.563 & 1.559.
Comment: the RSI is around its neutrality area at 50%.



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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