| Pivot: 1.6210. Our Preference: SHORT positions @ 1.62 with targets @ 1.61 & 1.607. Alternative scenario: The upside penetration of 1.621 will call for 1.6255 & 1.629. Comment: the pair has struck against its resistance and should face further down move as the RSI is turning down. |
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Market Chart (Change Pair By Click Menu At Upper Left)
Forex Charts powered by Investing.comThursday, May 19, 2011
GBP/USD intraday: under pressure. (Pre Europe session)
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