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Friday, 14 September 2007

iForex.bg

GBP/USD 2.0212 - 14 September
GBP/USD Open 2.0175 High 2.0348 Low 2.0237 Close 2.0259

In upward direction good resistance is the top from 9 August 2.0397. Next resistances are 2.0492, and the record for many years 2.0642. Support is the convincingly broken level at 2.0194, followed by 2.0112, which is 75.8% correction of the climb 2.0045 - 2.0361.
Technical resistance levels: 2.0397 2.0492 2.0642
Technical support levels: 2.0194 2.0112 2.0044

Trading range: 2.0225 - 2.0140
Trend: Downward
Sell at 2.0212 SL 2.0242 TP 2.0152