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Forex Today News Signals GBP USD 02.03.2014

Posted by cahaya  |  at  2/03/2014 09:14:00 AM No comments

Forex Today News Signals & Analysis GBP USD 02.03.2014


BEARISH below 1.648 ; moving toward 1.643 and possibly 1.641
Breaking 1.648 will trigger a possiblity to 1.649 and 1.651

Pivot : 1.648
Support : 1.643 1.641
Resistance : 1.649 1.651
Last Price : 1.63945 Forex Today News Signals & Analysis GBP USD

Our preference: Short positions below 1.648 with targets @ 1.639 & 1.636 in extension.

Alternative scenario: Above 1.648 look for further upside with 1.6535 & 1.659 as targets.

Comment: the RSI is capped by a bearish trend line.

Disclaimer: It is NOT A TRADING OR INVESTMENT ADVICE NOR RECOMMENDATION, you may use this information at your own risk.

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