Tuesday, September 25, 2012

GBP/USD intraday: under pressure.


Pivot: 1.6250.
Our preference: SHORT positions below 1.625 with 1.6185 & 1.616 in sight.
Alternative scenario: The upside breakout of 1.625 will open the way to 1.627 & 1.631.
Comment: the pair is posting a rebound but stands below its resistance.

By at

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