• Tech on GBP/USD

Market news

16 December 2010

Tech on GBP/USD

Resistance 3: $ 1.5760 (61,8 %% FIBO $1,5910-$ 1,5530, Dec 15 high)
Resistance 2: $ 1.5720 (50,0 % FIBO $1,5910-$ 1,5530, Dec 13 low)

Resistance 1: $ 1.5675 (38,2 % FIBO $1,5910-$ 1,5530)
Current price: $1.5555
Support 1 : $1.5530 (Dec 15 low)
Support 3 : $1.5480 (low of November)
Support 3 : $1.5530 (low of September)


Comments: the pair bargains in the field of the low reached yesterday. The nearest support - $1,5530. Below decrease is possible to $1.5480. The nearest resistance - $1,5675. Above growth is possible to $1,5720.

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