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» » Trading Central GBP/USD 12/10/2011

Trading Central GBP/USD 12/10/2011

Wednesday, October 12, 2011

12.10.2011 11:30 GMT+1 - GBP/USD intraday: further advance.

Pivot: 1.565
Our preference: Long positions above 1.565 with targets @ 1.5775 & 1.5825 in extension.
Alternative scenario: Below 1.565 look for further downside with 1.561 & 1.554 as targets.
Comment: the pair has validated a bullish flag and should post furter advance.

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