GBP/USD - GBP/USD MT: the downside prevails - 10/01/2014 (GMT)
- 367
- 0
- Chart + Price target(s)
- Target : Lower
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- Target 1 : 1,605
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- Target 2 : 1,5855
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- Invalidation threshold : 1,6685
- Timeframe : Daily
GBP/USD Chart
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Our preference: Short positions below 1.6685 with targets @ 1.605 & 1.5855 in extension.
Alternative scenario: Above 1.6685 look for further upside with 1.6995 & 1.719 as targets.
Comment: The pair stands below its resistance and remains under pressure.
Alternative scenario: Above 1.6685 look for further upside with 1.6995 & 1.719 as targets.
Comment: The pair stands below its resistance and remains under pressure.
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