InstaForex

Support/Resistance of the Day - GBP/USD (9 June 2011)

Thursday, June 9, 2011

H4 Chart

R3 1.6503
R2 1.6463
R1 1.6439
Pivot 1.6400
S1 1.6360
S2 1.6336
S3 1.6297

Good to see that GU still moving in the channel, scapling definitely will bring you good profit. Still simple rule, short at top channel line; long at bottom channel line. Meanwhile, keep an eye if the price break any of this channel line for the big trend.

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