Date: 2009/10/21
Time: 07:15 (GMT +2)
Ticker: GBP
Last: 1.6427
Pivot: 1.632
1st sup. 1.632
2nd sup. 1.627
3rd sup. 1.621
1st res. 1.649
2nd res. 1.6525
3rd res. 1.6615
Title: GBP/USD intraday: the bias remains bullish.
Summary: Update on supports and resistances.
Story: Pivot: 1.6320.
Our Preference: LONG positions @ 1.633 with 1.649 & 1.6525 in sight.
Alternative scenario: The downside breakout of 1.632 will open the way to 1.627 & 1.621.
Comment: the pair stands above its support and is approaching its previous high as the RSI is on the upside.
Trend: ST Ltd Upside; MT Range
Key levels Comment
1.6615** Intraday resistance
1.6525** Intraday resistance
1.649*** Intraday resistance
1.6427 Last
1.632** Intraday pivot point
1.627** Intraday support
1.621*** Intraday support
Time: 07:15 (GMT +2)
Ticker: GBP
Last: 1.6427
Pivot: 1.632
1st sup. 1.632
2nd sup. 1.627
3rd sup. 1.621
1st res. 1.649
2nd res. 1.6525
3rd res. 1.6615
Title: GBP/USD intraday: the bias remains bullish.
Summary: Update on supports and resistances.
Story: Pivot: 1.6320.
Our Preference: LONG positions @ 1.633 with 1.649 & 1.6525 in sight.
Alternative scenario: The downside breakout of 1.632 will open the way to 1.627 & 1.621.
Comment: the pair stands above its support and is approaching its previous high as the RSI is on the upside.
Trend: ST Ltd Upside; MT Range
Key levels Comment
1.6615** Intraday resistance
1.6525** Intraday resistance
1.649*** Intraday resistance
1.6427 Last
1.632** Intraday pivot point
1.627** Intraday support
1.621*** Intraday support