• Tech on GBP/USD

Market news

7 March 2012

Tech on GBP/USD

Resistance 3 : $1.5880 (Mar 5-6 highs)

Resistance 2 : $1.5780 (Mar 5 low, resistance line from Mar 2)

Resistance 1 : $1.5760 (Mar 5 low)

Current price: $1.5731

Support 1 : $1.5700/90 (Mar 6 low, 38,2 % FIBO $1.5230-$ 1.5990)

Support 2 : $1.5650 (Feb 14, 16 and 22-23 lows)

Support 3 : $1.5610 (50.0 % FIBO $1.5230-$ 1.5990)


 

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