GBPUSD - Intraday Strategy (10 Dec 2012)
Pivot: 1.6000
Recommendation: LONG positions above 1.6030 with 1.6070 & 1.6100 as next targets.
Alternative scenario: The downside breakout of 1.6000 will open the way to 1.5960 &1.5925.
Comment:.As long as 1.6000 holds, eyes on 1.6100 levels, a 30 min close below 1.6000 will reverse risk to the downside and target 1.5900 levels..
Best Regards
Haitham
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Comment by Peter jcp on December 10, 2012 at 2:29pm -
Nice one Haitham - near your 6100 target now - and whilst above 6060 support - up bias might remain. regards Peter
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