in ANALISA by hafid zaini

7640035 7/12/2017 2:32 PM, GBP/USD Intraday: the downside prevails.


Pivot: 1.2865


Our preference:

short positions below 1.2865 with targets at 1.2770 & 1.2755 in extension.


Alternative scenario:

above 1.2865 look for further upside with 1.2895 & 1.2920 as targets.


Comment:

the break below 1.2865 is a negative signal that has opened a path to 1.2770.


Supports and resistances:


1.2920 *

1.2895 **

1.2865 ***


1.2820

Last

1.2770 *

1.2755 *

1.2700 *