From recession to best GDP figs in 5 years. UK GDP figures power to the upside as Q3 GDP jumps to 1.0% from -0.4%, -0.3% and -0.3% in Q2, Q1 & Q4 2011 respectively. Markets were expecting a rise of 0.7%.
GBP/USD intraday: further advance. |
Pivot: 1.5985.
Our preference: LONG positions @ 1.5995 with 1.6065 & 1.61 in sight. Alternative scenario: The downside penetration of 1.5985 will call for 1.595 & 1.591. Comment: the pair has broken above an internal declining trend line and remains on the upside. |
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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