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GBP/USD INTRADAY: REBOUND.
2011-12-28 10:18:53

 

GBP/USD INTRADAY: REBOUND.
Pivot: 1.561

Most Likely Scenario: Long positions above 1.561 with targets @ 1.5705 & 1.5725 in extension.

Alternative scenario: Below 1.561 look for further downside with 1.5575 & 1.5545 as targets.

Comment: The pair is pulling back on its support ahead of a rebound.
 

 



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