| Pivot: 1.621 Our preference: Short positions below 1.621 with targets @ 1.61 & 1.607 in extension. Alternative scenario: Above 1.621 look for further upside with 1.6255 & 1.629 as targets. Comment: the pair is under pressure and is breaking below its support, the RSI is badly directed. |
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Market Chart (Change Pair By Click Menu At Upper Left)
Forex Charts powered by Investing.comWednesday, May 18, 2011
GBP/USD intraday: under pressure. (US Session)
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