Techs on GBP/USD

Market news

18 March 2011

Techs on GBP/USD

Resistance 3:$1.6340

Resistance 2:$1.6240

Resistance 1:$1.6190
Current price: $1.6160

Support 1: $1.6060

Support 2: $1.5975

Support 3: $1.5820

Comments: Techs on pound hasn't changed much. Minor support is around EU session lows on $1.6060. Below there is a room for decline to $1.5975 Mar 11, 15 and 17 lows). Resistance comes at $1.6190 (session lows and Mar 14 high). Next target is around $1.6240 (Mar 09 high).

Techs on USD/CHF

Techs on EUR/USD

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.