Minggu, 03 Februari 2013

Trading Central GBP/USD

04.02.2013 02:52 GMT+1 - GBP/USD intraday: the downside prevails.

Pivot: 1.5775

Our preference: Short positions below 1.5775 with targets @ 1.567 & 1.5635 in extension.

Alternative scenario: Above 1.5775 look for further upside with 1.58 & 1.5845 as targets.

Comment: the RSI is bearish and calls for further decline.

Source

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