Wednesday, September 26, 2012

GBP/USD intraday: under pressure.


Pivot: 1.621
Our preference: Short positions below 1.621 with targets @ 1.614 & 1.6125 in extension.
Alternative scenario: Above 1.621 look for further upside with 1.6235 & 1.626 as targets.
Comment: the pair has broken below its support and remains on the downside.

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