ISE FX British Pound intraday: caution.

By @ibtimes on


R3 : 73.5
R2 : 71.65
R1 : 69.55
L : 65.85
P: 63.25
S1 : 63.25
S2 : 61.5
S3 : 60.2

Update on supports and resistances.
Pivot: 63.25
Our preference: Long positions above 63.25 with targets @ 69.55 & 71.65 in extension.
Alternative scenario: Below 63.25 look for further downside with 61.5 & 60.2 as targets.
Comment: the RSI is pushing below a rising trend line thus calling for further consolidation in the ST but this consolidation should be limited.

Join the Discussion