• Tech on GBP/USD

Market news

9 December 2010

Tech on GBP/USD

Resistance 3: $ 1.5985 (61,8 % FIBO $1,6300-$ 1,5490)

Resistance 2: $ 1.5890 (50,0 % FIBO $1,6300-$ 1,5490)

Resistance 1: $ 1.5830 (session high, Dec 8 high)

Current price: $1.5820 Support 1 : $1.5790 (session low)

Support 2 : $1.5720 (support line from Dec 2)

Support 3 : $1.5655 (Dec 6 low)

Comments: the pair bargains above a mark $1,5800. The nearest support - $1,5790. Below decrease is possible to $1.5720. The nearest resistance - $1,5830. Above growth is possible $1,5890.

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