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3rd res.
2012/05/28 13:44 (GMT +1) GBP 1.5697 1.566 1.566 1.5625 1.56 1.5715 1.574 1.5785
Title: GBP/USD intraday: the upside prevails. Summary: Update on supports and resistances. Pivot: 1.566 Story: Our preference: Long positions above 1.566 with targets @ 1.5715 & 1.574 in extension. Alternative scenario: Below 1.566 look for further downside with 1.5625 & 1.56 as targets. Comment: the pair is pulling back on its support ahead of a rebound. Key levels 1.5785 1.574 1.5715 1.5697 last 1.566 1.5625 1.56