Wednesday, July 21, 2010

GBPUSD - INTRADAY SELL PRESSURE

The pressure on the Pound to go down is very clear here with the Daily and weekly stochastic pointing down and the 15min bearish divergence, let us consider a SELL from 1.52464 targeting a support at 1.52192 and further down (may be) to 1.52060. Stoploss should not be more than 100pips. Let's watch

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