Pivot: 1.5880

Recommendations: Long positions Above 1.5960 with 1.6140 & 1.6300  as next targets.
Alternative scenario: The downside breakout of 1.5880 will open the way to 1.5680 & 1.5415.
Comment:.As long as 1.5880 holds, the pair is bullish, a daily close below 1.5880 will reverse risk to the downside and target 1.5600/400 levels..

Best Regards
Haitham

Views: 146

Tags: GBP/USD, GBPUSD

Comment by Haitham653 on November 29, 2012 at 11:31am

Sorry for stop posting the past few days, I've been busy too much this week ,we missed few good trades, but we'll make it up later..

Regards 

Comment by xtian21 on November 29, 2012 at 12:08pm

Thank you

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