Wednesday, September 26, 2012

GBP/USD intraday: under pressure.


Pivot: 1.6210.
Our preference: SHORT positions @ 1.62 with 1.614 & 1.6125 in sight.
Alternative scenario: The upside breakout of 1.621 will open the way to 1.6235 & 1.626.
Comment: the pair has broken below its support and remains on the downside.

By at

USDCHF Technical Analysis - Sell at 0.9955

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