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Monday, 2 July 2012

2012.07.02 05:29:13 GBP/USD intraday: further advance.

GBP/USD intraday: further advance.

Update on supports and resistances.
Pivot: 1.56

Our preference: Long positions above 1.56 with targets @ 1.5735 &
1.5775 in extension.

Alternative scenario: Below 1.56 look for further downside with 1.557
& 1.552 as targets.

Comment: the RSI is mixed to bullish.

Key levels
1.58
1.5775
1.5735
1.566 last
1.56
1.557
1.552
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