Tanalys

GBP/USD MT: further advance.

Pivot: 1.62

Our preference: Long positions above 1.62 with targets @ 1.704 1.74 in extension.

Alternative scenario: Below 1.62 look for further downside with 1.587 1.56 as targets.

Comment: The pair remains on the upside and is breaking above its previous high.

Supports and resistances:

1.79

1.74

1.704

1.6662 Last

1.62

1.587

1.56

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version