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Gbp/Usd follow up

Posted on November 25, 2008 at 12:23 in Short-Term Analysis by Valeria Bednarik

The 1.5065 has turn into a quite interesting support today, and as long as the pair remains above it, the chances growth to the upside: resistances today will be at 1.5150/60 followed by the 1.5190 zone and the key point at 1.5265, above which, the pair could start a fast upside move. the 1.5065 supports is of course the first one to consider, under 1.5050 we can see the pair falling first to 1.5010 zone followed by 1.4970 and finally 1.4910.

Tags: gbpusd

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