• Tech on GBP/USD

Market news

11 May 2012

Tech on GBP/USD

 

Resistance 3 : $1.6240 (May 1-2 high)

Resistance 2 : $1.6200 (area of May 7-8 high)

Resistance 1 : $1.6170 (resistance line from May 7, МА (200) on Н1)

Current price: $1.6119

Support 1 : $1.6090 (May 10 low)

Support 2 : $1.6060 (50,0 % FIBO $1,5820-$ 1,6300, May 9 low)

Support 3 : $1.6000 (61,8 % FIBO $1,5820-$ 1,6300, Apr 19 low, psychological level)


 

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