• Tech on GBP/USD

Market news

14 May 2012

Tech on GBP/USD

 

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

Resistance 2 : $1.6180/00 (area of May 7-10 high)

Resistance 1 : $1.6130 (a high of the European session on May 11)

The current price: $1.6067

Support 1 : $1.6050 (session low)

Support 2 : $1.6035 (Apr 20 low)

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


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