• Tech on GBP/USD

Market news

13 December 2011

Tech on GBP/USD

Resistance 3 : $1.5690 (61.8% FIBO $1.5535-$1.5780)

Resistance 2 : $1.5660 (Dec 12 high)

Resistance 1 : $1.5635 (MA(233) H1)

The current price: $1.5606

Support 1 : $1.5570 (session low)

Support 2 : $1.5535 (Dec 12 low)

Support 3 : $1.5495 (low of the European session on Nov 29)


Comments: the pair is on downtrend. In focus support $1.5570.

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