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GBP/USD intraday: under pressure.
2012-02-07 19:53:53

 

GBP/USD intraday: under pressure.
Pivot: 1.5830.

Most Likely Scenario: SHORT positions below 1.583 with 1.578 & 1.5745 as next targets.

Alternative scenario: The upside breakout of 1.583 will open the way to 1.586 & 1.588.

Comment: the pair has struck against its resistance and remains under pressure.
 




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