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FxWirePro: GBP/USD falls as fragile ceasefire keeps investors on edge 
- USD/THB is currently trading around 31.92 marks.
- It made intraday high at 31.98 and low at 31.91 marks.
- Intraday bias remains neutral till the time pair holds immediate support at 31.87 mark.
- A daily close below 31.91 will drag the parity down towards key supports around 31.75, 31.57 and 31.28 marks respectively.
- On the top side, key resistances are seen at 32.04, 32.28, 32.39, 32.46, 32.61 and 32.85 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
We prefer to take short position in USD/THB only below 31.87, stop loss at 32.04 and target of 31.57.
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