Daily trading recommendations:
GBPUSD: According to the previous events, the price has still been trapped between 1.5400 and 1.5375.
Long buying: Buy above 1.5303 with the first target of 1.5390, it might resume to 1.5483.
Short selling: Outlook 1: Swing trade at 1.55 in order to sell with a traget of 1.5410. Outlook 2: Below 1.5350 look for further downside with 1.5300 and 1.5265 targets.
Intraday technical levels:
Date: 26/07/2013
Pair: GBP/USD
Projected High: 1.5693
Breakout (Buy Stop): 1.5638
Strong Resistance (Sell Limit): 1,5608
Current Pivot: 1.5350
Strong Support (Buy Limit): 1.5092
Breakout (Sell Stop): 1.5067
Projected Low: 1.5017
