MARKET ANALYSIS - Intraday Analysis GBP/USD Upwards scenario: Current positive bias development might face next resistive measure at 1.6257 (R1). If the price manages to overcome it we would suggest next intraday targets at 1.6287 (R2) and 1.6318 (R3). Downwards scenario: On the other hand, if the price clear the supportive measure at 1.6178 (S1), we would suggest next target at 1.6148 (S2) and then final attractive point could be found at 1.6117 (S3) later on today. Resistance Levels: 1.6257, 1.6287, 1.6318 Support Levels: 1.6178, 1.6148, 1.611
Posted on: Fri, 25 Oct 2013 07:31:57 +0000
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