Rizal
Legendary Member

- Messages
- 12,413
Paid Membership
- Joined
- Sep 25, 2008
- Messages
- 12,413
- Reaction score
- 721
- Points
- 201
8/6/09
Last: 1.5987
Pivot: 1.59
1st sup. 1.59
2nd sup. 1.585
3rd sup. 1.5775
1st res. 1.6107
2nd res. 1.6156
3rd res. 1.622
Title: GBP/USD intraday: the upside prevails.
Summary: Update on supports and resistances.
Story: Pivot: 1.59
preference: Long positions above 1.59 with targets @ 1.6107 & 1.6156 in extension.
Alternative scenario: Below 1.59 look for further downside with 1.585 & 1.5775 as targets.
Comment: The pair has escaped from its bearish channel, calling for a further recovery.
Last: 1.5987
Pivot: 1.59
1st sup. 1.59
2nd sup. 1.585
3rd sup. 1.5775
1st res. 1.6107
2nd res. 1.6156
3rd res. 1.622
Title: GBP/USD intraday: the upside prevails.
Summary: Update on supports and resistances.
Story: Pivot: 1.59
preference: Long positions above 1.59 with targets @ 1.6107 & 1.6156 in extension.
Alternative scenario: Below 1.59 look for further downside with 1.585 & 1.5775 as targets.
Comment: The pair has escaped from its bearish channel, calling for a further recovery.