Thursday, 11 July 2013

DAILY FOREX ANALYSIS 7/12/2013

PAIR: GBPUSD
TECHNICAL STUDY: DAILY PIVOT POINTS, RELATIVE STRENGTH INDEX.
Today PIVOT POINT is 1.5133 and initial bias is bullish, RSI reading is 48 and bearish but 2 points higher and it will be in bullish zone.
TRADE PLAN:
Bullish above 1.5270
Bearish below 1.5044 

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