Updated the:
09/24/2012
GBP/USD : Pursuit of the bullish rally

Sentiment :
sentiment sur la parité EUR/CHF
1.6150
sentiment sur la parité EUR/CHF
1.61
sentiment sur la parité EUR/CHF


--- Follow up analysis ---
Our objective at 1.63 has been reached on the pair GBP/USD but this level led to a correction towards a pullback on 1.62. The price is currently moving on the upper band of its medium term bullish channel (blue lines).

We continue to advise long positions as far as 1.6150 is support. The breakout of 1.63 will give a new buy signal and will open the way towards 1.64.

In case of return below 1.6150, we will be neutral between this level  and 1.61 (level of the lower band of the channel). The breakout of this level will allow us to advise short positions.
 

Analysis published by Bruno, the 09/24/2012 at 09h00 GMT+2

Full analysis

 



Chart of the pair GBP/USD - Timeframe 4H
GBP/USD Technical Analysis
 
Chart of the pair GBP/USD - Timeframe 1H
GBP/USD Technical Analysis




 

GBP/USD Live Chart - Timeframe : 4h
Chart GBP/USD BID

 

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