Friday, September 28, 2012

EUR/GBP intraday: the upside prevails.


Pivot: 0.79.
Our preference: LONG positions above 0.794 with 0.7975 & 0.7985 in sight.
Alternative scenario: The downside penetration of 0.794 will call for a slide towards 0.792 & 0.7905.
Comment: the pair stands above its new support and remains on the upside.

By at

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