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Monday, 3 September 2012

2012.09.03 16:21:45 GBP/USD intraday: the upside prevails.

GBP/USD intraday: the upside prevails.

Update on supports and resistances.
Pivot: 1.5845

Our preference: Long positions above 1.5845 with targets @ 1.5895 &
1.5915 in extension.

Alternative scenario: Below 1.5845 look for further downside with
1.582 & 1.5795 as targets.

Comment: the pair remains on the upside and is approaching its previous high.

Key levels
1.5945
1.5915
1.5895
1.5879 last
1.5845
1.582
1.5795

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