• Tech on GBP/USD

Market news

1 June 2011

Tech on GBP/USD

 

Resistance 3: $ 1.6575 (May 4 high)
Resistance 2: $ 1.6550 (May 31 high)
Resistance 1: $ 1.6480 (session high)
Current price: $1.6468
Support 1 : $1.6420 (May 31 low)
Support 2 : $1.6360 (38.2 % FIBO $1.6060-$ 1.6550)
Support 2 : $1.6300 (50.0 % FIBO $1.6060-$ 1.6550)
Comments: the pair slightly grown. The nearest resistance - $1.6480. Above growth is possible to $1.6550. The nearest support $1.6420. Below decrease is possible to $1.6360. 

 

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