| Date: | 2011/03/24 |
| Time: | 00:42 (GMT +1) |
| Ticker: | GBP |
| Last: | 1.625 |
| Pivot: | 1.63 |
| 1st sup. | 1.62 |
| 2nd sup. | 1.6145 |
| 3rd sup. | 1.61 |
| 1st res. | 1.63 |
| 2nd res. | 1.635 |
| 3rd res. | 1.64 |
| Title: | GBP/USD intraday: the downside prevails. | |||
| Summary: | Update on supports and resistances. | |||
| Story: | Pivot: 1.63 Our preference: Short positions below 1.63 with targets @ 1.62 & 1.6145 in extension. Alternative scenario: Above 1.63 look for further upside with 1.635 & 1.64 as targets. Comment: the RSI lacks upward momentum. Key levels 1.64 1.635 1.63 1.625 last 1.62 1.6145 1.61 |