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GBP/USD INTRADAY: UNDER PRESSURE.
2012-03-07 09:36:55

 

GBP/USD INTRADAY: UNDER PRESSURE.
Pivot: 1.584

Most Likely Scenario: Short positions below 1.584 with targets @ 1.575 & 1.5715 in extension.

Alternative scenario: Above 1.584 look for further upside with 1.5875 & 1.5895 as targets.

Comment: the pair has broken below its support and should reach its previous low.
 

 



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