| GBP/USD intraday: the upside prevails. |
Pivot: 1.6085.
Our preference: LONG positions above 1.6085 with targets @ 1.614 & 1.6155. Alternative scenario: The downside breakout of 1.6085 will open the way to 1.606 & 1.6035. Comment: the pair remains on the upside and is approaching its resistance. |
 |
Focus in GBP/USD remains on 1.6143 minor resistance. Break there should indicate that correction from 1.6309 has completed at 1.5912 already. In such case, stronger rise should be seen to 1.6309. Break will confirm resumption of larger rise from 1.5268. On the downside, below 1.6006 will mix up the outlook again and turn focus back to 1.5912. Break of 1.5912 will dampen our bullish view and bring deeper fall back to 1.5489 support instead.
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
No comments:
Post a Comment