GBP/USD Technical Analysis: Support Seen Sub-1.53

| 27 juni, 2013 | 0 kommentarer

GBP/USD Technical Analysis – Prices pulled back as expected after putting in a Hanging Man candlestick below support-turned-resistance at the underside of a rising channel set from mid-March. A break below support at 1.5380, the 50% Fibonacci retracement, has exposed the 61.8% level at 1.5291. A further push beneath that aims for the 76.4 Fib at 1.5183. The 1.5380 mark has been recast as near-term resistance, with a move back above that targeting the 38.2% retracement at 1.5467.

dailyclassics_gbp-usd_body_Picture_5.png, GBP/USD Technical Analysis: Support Seen Sub-1.53

Daily Chart – Created Using FXCM Marketscope 2.0

Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail [email protected]. Follow Ilya on Twitter at @IlyaSpivak

To be added to Ilya’s e-mail distribution list, please CLICK HERE

New to FX? Watch this Video. For live market updates, visit the Real Time News Feed

Taggar: ,

Kategori: Analys från DailyFX

Om skribenten ()

DailyFX från FXCM ger dig dagligen färska tekniska analyser på valuta och råvaror. FXCM är en ledande handelsplattform för trading av finansiella tillgångar med kraftfulla verktyg för alla sorters handel.

Lämna ett svar

Din e-postadress kommer inte publiceras. Obligatoriska fält är märkta *