iForex.bg

Technical Analysis Daily: GBP/USD
GBP/USD 1.9767 - Apr 25th

GBP/USD Open 1.9975 High 1.9822 Low 1.9683 Close 1.9738
The British Pound continued its descending movement against the US Dollar, and its technical low today is 1.9680, which is the first supports today. If the above level is overcome, next targets downwards are expected at 1.9630 and 1.9575. Upwards resistance is yesterday's top 1.9825, followed by 1.9880, and 1.9990

Technical resistance levels: 1.9825 1.9880 1.9990
Technical support levels: 1.9680 1.9630 1.9575

Trading range: 1.9780 - 1.9705
Trend: Downward
Sell at 1.9767 SL 1.9797 TP 1.9717