Tech on GBP/USD

Market news

9 March 2011

Tech on GBP/USD

Resistance 3: $ 1.6230 (Mar 4 low)

Resistance 2: $ 1.6200 (Mar 8 high)

Resistance 1: $ 1.6170 (session high)

Current price: $1.6146

Support 1 : $1.6120 (Mar 8 low)

Support 2 : $1.6080 (support line from Feb 11 low)

Support 3 : $1.5960 (Feb 11 low)

Comments: the pair bargains in the field of $1,6150. The nearest support $1.6120. Below is possible testings of around $1.6080. The nearest resistance $1.6170. Above growth is possible to $1.6200.

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