• Tech on GBP/USD

Market news

2 February 2012

Tech on GBP/USD

Resistance 3 : $1.5990 (100% FE $1.5700-$1.5880 from $1.5815)

Resistance 2 : $1.5930 (61.8% FE $1.5700-$1.5880 from $1.5815)

Resistance 1 : $1.5880 (Feb 1 high)

The current price: $1.5842

Support 1 : $1.5805 (11.8% FIBO $1.5880-$1.5230)

Support 2 : $1.5730 (23.6% FIBO $1.5880-$1.5230)

Support 3 : $1.5640/50 (area of Jan 27-30 low)


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