Tech on GBP/USD

Market news

6 June 2011

Tech on GBP/USD

Resistance 3: $ 1.6550 (May 31 high)

Resistance 2: $ 1.6500 (around of Jun 1 high, resistance line from May 2)

Resistance 1: $ 1.6460 (session high)

Current price: $1.6432

Support 1 : $1.6420 (session low)

Support 2 : $1.6380 (МА (200) for Н1)

Support 3 : $1.6290 (Jun 3 low)

Comments: the pair bargains in the field of the high reached on Friday. The nearest support $1.6420. Below decrease is possible to $1.6380. The nearest resistance - $1.6460. Above growth is possible to $1.6500.

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