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Wednesday, 7 November 2007

iForex.bg

GBP/USD 2.1010 - 7 November
GBP/USD Open 2.0870 High 2.01026 Low 2.0873 Close 2.0942

The British Pound quickly recovered, broke the psychological level 2.1000 and reached new record 1.1025. Next target upwards is is 2.1065, followed by 2.1120. We have supports at 2.0950, followed by 2.0905 and 2.0855.
Technical resistance levels: 2.1025 2.1065 2.1120
Technical support levels: 2.0950 2.0905 2.0855

Trading range: 2.1000 - 2.1080
Trend: Upward
Buy at 2.1010 SL 2.0980 TP 2.1070