• Tech on GBP/USD

Market news

17 July 2012

Tech on GBP/USD

 

Resistance 3: $ 1.5780 (June 20 high)

Resistance 2: $ 1.5720 (July 2 high)

Resistance 1: $ 1.5680/85 (session high, 88.2% for the FIBO ($ 1.5395-$ 1.5722))

Current Price: $ 1.5634

Support 1: $ 1.5510/20 (MA (100) for H1, 38.2% for the FIBO ($ 1.5395-$ 1.5722))

Support 2: $ 1.5460/70 (23.6% of FIBO ($ 1.5395-$ 1.5722), July 6 low)

Support 3: $ 1.5395 (July 12 low)


 

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