• Tech on GBP/USD

Market news

8 March 2012

Tech on GBP/USD

 

Resistance 3 : $1.5975 (Mar 1 high)

Resistance 2 : $1.5880 (Mar 6 high)

Resistance 1 : $1.5830/40 (session high, 50.0% FIBO $1.5695-$1.5990)

The current price: $1.5805

Support 1 : $1.5750 (low of the European session, support line from Mar 7)

Support 2 : $1.5695 (Mar 6-7 low)

Support 3 : $1.5650 (Feb 22-23 low)


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