Monday, September 24, 2012

GBP/USD intraday: under pressure.


Pivot: 1.6250
Our preference: SHORT positions 2 1.624 with 1.6195 & 1.616 as next targets.
Alternative scenario: The upside breakout of 1.625 will open the way to 1.627 7 1.631.
Comment: the pair is under pressure and is challenging its intermediary support.

By at

USDCHF Technical Analysis - Sell at 0.9955

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