• Tech on GBP/USD

Market news

16 February 2012

Tech on GBP/USD

Resistance 3 : $1.5770 (Feb 14 high)

Resistance 2 : $1.5740 (Feb 15 high)

Resistance 1 : $1.5700 (area of the top border of the down channel from Feb 8)

Current price: $1.5683

Support 1 : $1.5640 (Jan 27 and Feb 14 lows)

Support 2 : $1.5580 (50.0 % FIBO $1.5230-$ 1.5930, the bottom border of the down channel from Feb 8)

Support 3 : $1.5500 (61,80 % FIBO $1.5230-$ 1.5930)


 

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