EUR/USD Bullish Outlook for June 19, 2012 (Daily Strategy)
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News: 2012-06-19 14:05:52 UTC+00 11 months, 5 days, 10 hours, 4 min. ago
GBP/USD Bullish Outlook for June 19, 2012 (Daily Strategy)


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GBP / USD continues a very strong upward trend, because these days there's the replacement of the euro as a safe European currency.

In the chart we can see the break of 1.5590, which originated very strong up to 1.5730, we believe it can go up to test the 1.5739.

On the other hand, if there is a return to the level of 1.56, we can enter Buying with objectives to 1.5740.

The momentum indicator is showing overbought and range indicator, is showing bullish signal.

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Performed by
Analytical expert: Gerardo Porras Palomino
InstaForex Group © 2007-2013
 Published: 2012-06-19 14:05:52 UTC+00 11 months, 5 days, 10 hours, 4 min. ago

 
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