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GBP/USD Intraday: rebound - Forex Inventory

  • Writer: Charles David
    Charles David
  • Apr 18, 2017
  • 1 min read


Pivot: 1.2550 Our preference: long positions above 1.2550 with targets at 1.2725 & 1.2770 in extension. Alternative scenario: below 1.2550 look for further downside with 1.2500 & 1.2465 as targets. Comment: the RSI shows upside momentum. Supports and resistances: 1.2800 * 1.2770 ** 1.2725 ** 1.2625 Last 1.2550 *** 1.2500 *** 1.2465 ** 


 
 
 

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