Tech on GBP/USD

Market news

11 May 2011

Tech on GBP/USD

Resistance 3: $ 1.6460 (May 6 high)

Resistance 2: $ 1.6420 (May 10 high)

Resistance 1: $ 1.6380 (session high)

Current price: $1.6364

Support 1 : $1.6315 (May 10 low)

Support 2 : $1.6270 (May 9 low)

Support 3 : $1.6220 (Apr 12, 13 and 19 low)

Comments: the pair bargains in the field of $1,6360. The nearest support $1.6315. Below is possible testings of arouns $1.6270. The nearest resistance - around $1.6380. Above growth is possible to $1.6420.

Tech on USD/CHF

GERMANY DATA: harmonized consumer price inflation in April +0.3% m/m, +2.7% y/y

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