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Friday, 3 August 2012

2012.08.03 01:40:15 GBP/USD intraday: under pressure.

GBP/USD intraday: under pressure.

Update on supports and resistances.
Pivot: 1.557

Our preference: Short positions below 1.557 with targets @ 1.5470 &
1.5440 in extension.

Alternative scenario: Above 1.557 look for further upside with 1.5620
& 1.5640 as targets.

Comment: technically, the RSI is below its neutrality area at 50.

Key levels
1.5640
1.5620
1.557
1.5511 last
1.5470
1.5440
1.541

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Time MA20 MA50 MA20_50 MACD_SL MACD_0 Bollinger RSI70 RSI30 Volume

02.08.2012 06:18 Down Down

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