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Thursday, 10 May 2012

2012.05.10 06:12:49 GBP/USD intraday: target 1.62.

GBP/USD intraday: target 1.62. Update on supports and resistances. Pivot: 1.6095 Our preference: Long positions above 1.6095 with targets @ 1.6170 & 1.62 in extension. Alternative scenario: Below 1.6095 look for further downside with 1.6060 & 1.6025 as targets. Comment: the RSI lacks downward momentum. Key levels 1.6215 1.62 1.6170 1.6129 last 1.6095 1.6060 1.6025 Trading Central recommends MT5 to publish FX charts Copyright Trading Central 1999-2011 Time Candlestick Last Opinion Invalidation 09.05.2012 22:25 Hammer 1.6139 Up 1.607 08.05.2012 22:23 Tweezer bottom 1.6157 Up 1.612

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