Market news
07.03.2011, 07:25

Tech on GBP/USD

Resistance 3: $ 1.6450 (high of Jan 2010)
Resistance 2: $ 1.6340 (Mar 2 high)
Resistance 1: $ 1.6300 (Mar 4 high)
Current price: $1.6239
Support 1 : $1.6230 (session low, Mar 4 low)
Support 2 : $1.6160 (Feb 25 high)
Support 3 : $1.6070 (support line from Feb 11)
Comments: the pair decreases. The nearest support $1.6230. Below is possible testings of around $1.6160. The nearest resistance $1.6300. Above growth is possible to $1.6340. 

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