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Market Trend (EU Pair n Cross)


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Market Trend (USD Pair n Cross))


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Forex Market Movement

Wednesday, May 11, 2011

GBP/USD intraday: further advance. (Pre US session)

Pivot: 1.642
Our preference: Long positions above 1.642 with targets @ 1.6515 & 1.655 in extension.
Alternative scenario: Below 1.642 look for further downside with 1.638 & 1.635 as targets.
Comment: the RSI calls for a new upleg.
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