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Tuesday, January 31, 2012

GBP/USD 31.01.2012


/ On : 2:15 PM
The GBP / USD 1.5670 support yesterday and was on his short upstroke slope (black line).
Parity is testing 1.5749 resistance.
All indicators are bullish.
Parity continues to evolve in the short term upward sloping (black lines).
We continue to advise that the long positions is 1.5650 support.
The breaking of 1.5749 will give a new buy signal and open the way to 1.58.
In case of return under 1.5650, we will be neutral between this level and 1.56.
The break of 1.56 would give a sell signal



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