• GBP/USD probes offers

Market news

4 March 2011

GBP/USD probes offers

UK clearer' demand supports GBP/USD right now, lifting it from earlier pullback lows at $1.6235 to highs above $1.6260. Rate currently trades around $1.6264. Resistance seen up at $1.6278 (76.4% $1.6291/35), a break to allow for a retest on earlier highs at $1.6291, with offers seen from here, extending toward $1.6300.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.