Pivot: 1.6375. Our Preference: LONG positions @ 1.6385 with 1.6475 & 1.6515 as next targets. Alternative scenario: The downside breakout of 1.6375 will open the way to 1.6325 & 1.628. Comment: the pair has struck against its resistance and is facing a pull back on its new support. |
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Monday, June 6, 2011
GBP/USD intraday: the upside prevails. (Pre Europe Session)
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