GBPUSD – Intraday Strategy (29 Jul 2013)

Recommendations: LONG positions above 1.5355  with 1.5400 & 1.5440 as next targets.
Alternative scenario:The downside breakout of 1.5355 will call for a slide to 1.5300/260.
Description: The pair trades above its support  at 1.5355, as long as this level holds , It will move higher towards 1.5400 , ahead of 1.5440 levels, an hourly close below 1.5355 will reverse risks to the downside towards 1.5300/260 levels.

GBPUSD – Intraday Strategy (29 Jul 2013)

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Tags: GBPUSD

Comment by Mohammad Nasser on July 29, 2013 at 11:14am
Hi sir any positions about eurusd thanks
Comment by Haitham653 on July 29, 2013 at 11:34am

EURUSD finds resistance at 1.3295 , an hourly close above 1.3295 is needed to open 1.3350/400 levels , support at 1.3260/50 ahead of 1.3175/65....

Comment by Haitham653 on July 29, 2013 at 1:18pm

EURUSD: 4 hour close below 1.3250 (GMT +1) will open 1.3165 , stability above 1.3250 may expose 1.3295 and target 1.3350/400 levels...

Comment by gregorian on July 29, 2013 at 9:30pm

nice recommendations last times.congratulations.eu and gu last few days works on high and low days price and fibo failed besides today short term.good luck.ps to the others haitham have predictions more then 50% accurate

Comment by Haitham653 on July 30, 2013 at 2:35pm

Check out the 1 hour chart below , see how 1.5355 served as strong resistance :

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