• Technics on GBP/USD

Market news

14 December 2010

Technics on GBP/USD

Resistance 3: $ 1.6100 (Nov 19 high)
Resistance 2: $ 1.5985 (61,8 % FIBO $1,6300-$ 1,5490)
Resistance 1: $ 1.5890 (50,0 % FIBO $1,6300-$ 1,5490, Dec 13 high)
Current price: $1.5864
Support 1 : $1.5840 (session low)
Support 3 : $1.5750 (support line from Dec 2)
Support 3 : $1.5720 (Dec 13 low)

Comments: the pair bargains in the field of the high reached yesterday. The nearest resistance - $1,5890. Above growth is possible to $1,5985. The nearest support - $1,5840. Below decrease is possible to $1.5720.

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