British Pound / US Dollar Technical Levels

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British Pound / US Dollar Technical Levels

charlie4573

24th March 2006

The following currency market technical levels have been identified as levels at which day-traders and online traders would have considerable interest in GBP/USD

RESISTANCE: 1.7375 then 1.7450 then 1.7510 then 1.7600 then 1.7625 then 1.7810

SUPPORT: 1.7325 then 1.7295 then 1.7230 then 1.7190 then 1.7125 then 1.7050

Forex trading involves risk. Understand the extent of your (financial) liability. The above mentioned technical levels in no way constitute a solicitation to trade FX. This is merely a technical analysis identifying support and resistance levels where currency traders may have resting orders or are likely to take profits or limit trading losses.