GBPUSD - Intraday Strategy (13 Dec 2012)

Pivot: 1.6116

Recommendation: LONG positions above 1.6116 with 1.6170 & 1.6200 as next targets.
Alternative scenario: The downside breakout of 1.6116 will open the way to 1.6070/1.6035.
Comment:.The pair is strongly bullish as long as trades above 1.6116 levels, losing this level would weaken the current bullish run and open the way to 1.6070/35 levels..

Best Regards
Haitham

Views: 234

Tags: GBP/USD, GBPUSD

Comment

You need to be a member of Forex Social Network to add comments!

Join Forex Social Network

Members

© 2014   Created by FXStreet.

Badges  |  Report an Issue  |  Terms of Service

Offline

Live Video