GBP/USD Intraday: the bias remains bullish


a href=”http://blog.mt5.com/Dom94/files/2016/11/untitled.jpg”>

Long positions above 1.2195 with targets at 1.2300 & 1.2330 in extension.
Pivot: 1.2195

Our preference: long positions above 1.2195 with targets at 1.2300 & 1.2330 in extension.

Alternative scenario: below 1.2195 look for further downside with 1.2170 & 1.2140 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:
1.2365 **
1.2330 ***
1.2300 ***
1.2244 Last
1.2195 ***
1.2170 **
1.2140 ***

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One Response to GBP/USD Intraday: the bias remains bullish

  1. I couldn’t resist commenting. Exceptionally well

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