GBP/USD              11/4/2013 
  

1 week Trend:   (=) 1 month Trend:  (=)
GBP/USD intraday: further advance. 
Pivot: 1.5315

Our preference: Long positions above 1.5315 with targets @ 1.541 & 1.545 in extension.

Alternative scenario: Below 1.5315 look for further downside with 1.5285 & 1.5245 as targets.

Comment: the pair is on the upside and is breaking above its resistance as the RSI is well directed.

Key levels
1.55
1.545
1.541
1.5392 last
1.5315
1.5285
1.5245

EUR/USD              11/4/2013 
  

1 week Trend:  (=) 1 month Trend:  (=)
EUR/USD intraday: further advance.
Pivot: 1.3055.

Our preference: LONG positions above 1.3055 with 1.316 & 1.32 in sight.

Alternative scenario: The downside breakout of 1.3055 will open the way to 1.303 & 1.2995.

Comment: the pair is breaking above its previous high and should post further advance.

Trend: ST Ltd Downside; MT Range

Key levels Comment

1.323** Horizontal resistance
1.32** Horizontal resistance
1.316** Horizontal resistance
1.3125 Last
1.3055** Intraday pivot point
1.303** Intraday support
1.2995*** Intraday support

GBP/JPY              11/4/2013 
  

1 week Trend:  (=) 1 month Trend:   (=)
GBP/JPY intraday: bullish bias above 151.5. 
Pivot: 151.5

Our preference: Long positions above 151.5 with targets @ 153.65 & 154.7 in extension.

Alternative scenario: Below 151.5 look for further downside with 150.5 & 149.15 as targets.

Comment: the pair remains on the upside and is challenging its previous high.

Key levels
155.5 
154.7
153.65
153.09 last
151.5
150.5
149.15

Technical Analysis – Time MetaTrader4