| Trade Idea GBP/USD intraday: under pressure. |
Pivot: 1.5615
Our preference: Short positions below 1.5615 with targets @ 1.5515 & 1.5470 in extension. Alternative scenario: Above 1.5615 look for further upside with 1.564 & 1.567 as targets. Comment: the RSI is capped by a declining trend line. |
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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.
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