Wednesday, 3 May 2017

GBP/USD Intraday 04 May 2017

GBP/USD Intraday: under pressure.
Pivot: 1.2900


Most likely scenario: short positions below 1.2900 with targets at 1.2860 & 1.2840 in extension.



Alternative scenario: above 1.2900 look for further upside with 1.2930 & 1.2950 as targets.



Comment: the RSI is mixed to bearish.

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