• Tech on GBP/USD

Market news

4 May 2011

Tech on GBP/USD

Resistance 1: $ 1.6660 (May 3 high)
Resistance 2: $ 1.6550 (May 3 intraday high)
Resistance 1: $ 1.6500 (around of session high)
Current price: $1.6462
Support 1 : $1.6450 (session low)
Support 2 : $1.6430 (Apr 26-27 low)
Support 3 : $1.6380 (Apr 21 low)
Comments: the pair is under pressure. The nearest support $1.6450. Below is possible testings of around $1.6430. The nearest resistance - around $1.6500. Above growth is possible to $1.6550. 

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