Thursday, September 20, 2012

EUR/GBP intraday: capped by a negative trend line.


Pivot: 0.81.
Our preference: SHORT positions @ 0.805 with 0.801 & 0.799 as next targets.
Alternative scenario: The upside penetration of 0.806 will call for 0.808 & 0.81.
Comment: the pair is posting a rebound but stands below its resistance.

By at

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