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Monday, 28 May 2012

2012.05.28 04:21:06 GBP/USD intraday: under pressure.

GBP/USD intraday: under pressure. Update on supports and resistances. Pivot: 1.57 Our preference: Short positions below 1.57 with targets @ 1.5625 & 1.56 in extension. Alternative scenario: Above 1.57 look for further upside with 1.5740 & 1.5785 as targets. Comment: the upward potential is likely to be limited by the resistance at 1.57. Key levels 1.5785 1.5740 1.57 1.5694 last 1.5625 1.56 1.5555 Trading Central recommends MT5 to publish FX charts Copyright Trading Central 1999-2011

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