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23rd June 2009, 08:12
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GBP/USD intraday: the downside prevails. (09:56)
Date: 2009/06/23
Time: 09:56 (GMT +2) Ticker: GBP Last: 1.629 Pivot: 1.64 1st sup. 1.625 2nd sup. 1.619 3rd sup. 1.61 1st res. 1.64 2nd res. 1.645 3rd res. 1.652 Title: GBP/USD intraday: the downside prevails. Summary: Update on supports and resistances. Story: Pivot: 1.64 Our preference: Short positions below 1.64 with targets @ 1.625 & 1.619 in extension. Alternative scenario: Above 1.64 look for further upside with 1.645 & 1.652 as targets. Comment: the RSI is capped by a MT declining trend line, the pair should face a further weakness.
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