Thursday, September 27, 2012

GBP/USD intraday: key ST resistance at 1.621.


Pivot: 1.621
Our preference: Short positions below 1.621 with targets @ 1.6155 & 1.613 in extension.
Alternative scenario: Above 1.621 look for further upside with 1.6235 & 1.626 as targets.
Comment: the pair has struck against its resistance and remains under pressure.

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