NTGOLD - NEWS

GBP/USD INTRADAY: THE UPSIDE PREVAILS.

2012-01-18 09:55:25

GBP/USD INTRADAY: THE UPSIDE PREVAILS.

Pivot: 1.5305

Most Likely Scenario: Long positions above 1.5305 with targets @ 1.54 & 1.5450 in extension.

Alternative scenario: Below 1.5305 look for further downside with 1.5270 & 1.5230 as targets.

Comment: the pair has broken above its declining trend line and is challenging its resistance.

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TIME
Sydney	Tokyo	Ha Noi	HongKong	LonDon	NewYork
12:32:46 AM	11:32:46 PM	9:32:46 PM	10:32:46 PM	3:32:46 PM	10:32:46 AM

Gold Price at ABCBULLION Foreign exchange rates at CommonWealth Bank Foreign exchange rates at ANZ Bank

Prices By NTGOLD
We Sell	We Buy
37.5g ABC Luong Bar
6,382.50	5,892.50
1oz ABC Bullion Cast Bar
5,313.50	4,833.50
100g ABC Bullion Bar
17,004.50	15,509.50
1kg ABC Bullion Silver
1,790.80	1,415.80