Trading-Log
Short

GBP/USD Intraday: the downside prevails.

FX:GBPUSD   British Pound / U.S. Dollar
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1
Pivot: 1.4480

Our preference: short positions below 1.4480 with targets @ 1.4370 & 1.4310 in extension.

Alternative scenario: above 1.4480 look for further upside with 1.4530 & 1.4575 as targets.

Comment: the RSI is badly directed.

Supports and resistances:
1.4575 ***
1.4530 ***
1.4480 ***
1.44227 Last
1.4370 ***
1.4310 ***
1.4260 **

Comments

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