• Tech on GBP/USD

Market news

5 May 2011

Tech on GBP/USD

Resistance 3: $ 1.6740 (Apr 28 and May 2 high)
Resistance 2: $ 1.6660 (May 3 high)
Resistance 1: $ 1.6570 (May 4 high, МА (200) for Н1)
Current price: $1.6518
Support 1 : $1.6480 (session low)
Support 2 : $1.6450 (May 4 low)
Support 3 : $1.6430 (Apr 26-27 low)
Comments: the pair slightly grown. The nearest resistance - around $1.6570. Above growth possible to $1.6660. The nearest support $1.6480. Below is possible testings of around $1.6450.

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