Market news
27.12.2010, 07:33

Tech on GBP/USD

Resistance 3: $ 1.5630/50 (Dec 17 high, 50,0% FIBO $1,5910-$ 1,5350)
Resistance 2: $ 1.5565 (38,2 % FIBO $1,5910-$ 1,5350)

Resistance 1: $ 1.5475 (Dec 24 high)
Current price: $1.5426
Support 1 : $1.5350 (Dec 22 low)
Support 2 : $1.5300 (low of September)
Support 3 : $1.5120 (Jul 21 low)

Comments: the tech essentially hasn't changed. The nearest resistance - $1,5475. Above growth is possible to $1,5565. The nearest support - $1,5350. Below decrease is possible to $1.5300.

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