• Tech on GBP/USD

Market news

19 July 2012

Tech on GBP/USD

Resistance 3: $ 1.5780 (June 20 high)

Resistance 2: $ 1.5720 (July 2 high)

Resistance 1: $ 1.5700 (psychological level, resistance line of 22.05 and 20.06)

Current Price: $ 1.5688

Support 1: $ 1.5590/95 (61.8% at FIBO ($ 1.5395-$ 1.5722), July 16 high)

Support 2: $ 1.5555/60 (50% FIBO ($ 1.5395-$ 1.5722), July 17 low)

Support 3: $ 1.5510/20 (July 16 low, 38.2% for the FIBO ($ 1.5395-$ 1.5722))


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