• Tech on GBP/USD

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23 December 2010

Tech on GBP/USD

Resistance 3: $ 1.5560 (Dec 21 high, 38,2% FIBO $1,5910-$ 1,5360)
Resistance 2: $ 1.5490 (Dec 22 high)
Resistance 1: $ 1.5430 (session high)
Current price: $1.5424
Support 1 : $1.5350 (Dec 22 high)
Support 2 : $1.5300 (low of September)
Support 3 : $1.5120 (Jul 21 low)

Comments: the pair receded from yesterday's low. The nearest resistance - $1,5430. Above growth is possible to $1,5490. The nearest support - $1,5360. Below decrease is possible to $1.5300.

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