|GBP/USD : Downtrend triggered|
--- Follow up analysis ---
>We recommend to trade only short positions as far as 1.5815 is resistance. This level is significant resistance in h1 (red dotted line on the h1 chart). The break of 1.57 will give a new sell signal and should allow the price to extend its downward movement to 1.56 and 1.55 in extension.
In case of return above 1.5815, we will be neutral between this level and 1.5895.
Analysis published by Bruno, the 02/04/2013 at 09h30 GMT+2
|- Complete sheet of the pair GBP/USD - Previous GBP/USD Analysis -|
|Chart of the pair GBP/USD - Timeframe 1H|
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