GBP/USD - GBP/USD Intraday: the downside prevails - 10/01/2014 (GMT)
- 305
- 0
- Chart + Price target(s)
- Target : Lower
- |
- Target 1 : 1,616
- |
- Target 2 : 1,61
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- Invalidation threshold : 1,6245
- Timeframe : 30 min.
GBP/USD Chart
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Our preference: Short positions below 1.6245 with targets @ 1.616 & 1.61 in extension.
Alternative scenario: Above 1.6245 look for further upside with 1.629 & 1.6335 as targets.
Comment: The pair has validated a bearish flag and remains under pressure.
Alternative scenario: Above 1.6245 look for further upside with 1.629 & 1.6335 as targets.
Comment: The pair has validated a bearish flag and remains under pressure.
This member did not declare if he had a position on this financial instrument or a related financial instrument.
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