Market news
27.12.2010, 16:29

Techs on GBP/USD

Resistance 3:$1.5630/50   
Resistance 2:$1.5580
Resistance 1:$1.5440
Current price: $1.5388
Support 1: $1.5350                
Support 2: $1.5300                 
Support 3: $1.5120                 

Comments: Rate remains under pressure, heading for support at $1.5350 (Dec 22 lows). Below losses may dip to $1.5300 (Sep lows). Resistance is around channel line from Dec 14 at $1.5440. Above gains may extend to $1.5580 (Dec 20 high). Stronger level comes at $1.5630/50 (Dec 17 high, 50,0% Fibo of $1.5910-$1.5350).

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location