2012.06.04 05:42:53 GBP/USD intraday: capped by a negative trend line.

GBP/USD intraday: capped by a negative trend line. Update on supports and resistances. Pivot: 1.5435 Our preference: Short positions below 1.5435 with targets @ 1.527 & 1.523 in extension. Alternative scenario: Above 1.5435 look for further upside with 1.5525 & 1.56 as targets. Comment: as long as 1.5435 is resistance, expect a return to 1.527. Key levels 1.56 1.5525 1.5435 1.5369 last 1.527 1.523 1.52 Trading Central recommends MT5 to publish FX charts Copyright Trading Central 1999-2011