Friday, September 7, 2012

GBP/USD intraday: the upside prevails.


Pivot: 1.5875.
Our Preference: LONG positions above 1.5875 with 1.595 & 1.599 in sight.
Alternative scenario: The downside penetration of 1.5875 will call for a slide towards 1.585 & 1.582.
Comment: the pair remains on the upside and is approaching its resistance.

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USDCHF Technical Analysis - Sell at 0.9955

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