Tech on GBP/USD

Market news

9 May 2011

Tech on GBP/USD

Resistance 3: $ 1.6550 (МА (200) for Н1)

Resistance 2: $ 1.6460 (May 6 high)

Resistance 1: $ 1.6410 (resistance line from May 2)

Current price: $1.6396

Support 1 : $1.6340 (session low)

Support 2 : $1.6220 (Apr 12, 13 and 19 low)

Support 3 : $1.6200 (38.2 % FIBO $1.5340-$ 1.6740)

Comments: the pair become stronger in around $1.6400. The nearest resistance - area $1.6410. Above growth is possible to $1.6460. The nearest support $1.6340. Below is possible testings of around $1.6220.

Tech on USD/CHF

The German trade surplus rose to a seasonally-adjusted E15.3 billion in March

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