Thursday, August 9, 2012

GBP/USD Aug 9-2012


GBP/USD UNDER PRESSURE
Pivot: 1.5675
Our preference: Short positions below 1.5675 with targets @ 1.559 & 1.557 in extension.
Alternative scenario: Above 1.5675 look for further upside with 1.57 & 1.573 as targets.
Comment: the pair is breaking below its support and should face further weakness.


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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