Wednesday, August 8, 2012

GBP/USD Aug 08-2012


TRADE IDEA GBP/USD Intraday Rebound
Pivot: 1.56
Our preference: Long positions above 1.56 with targets @ 1.568 & 1.57 in extension.
Alternative scenario: Below 1.56 look for further downside with 1.557 & 1.5545 as targets.
Comment: the pair has broken above its resistance and is approaching its previous high.


This Week You Suggested Trade With : 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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