British Pound / US Dollar Technical Levels

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British Pound / US Dollar Technical Levels

charlie4573

08th May 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: 1.8660 then 1.8685 then 1.8770 then 1.8810 then 1.8910

SUPPORT: 1.8595 then 1.8550 then 1.8475 then 1.8425 then 1.8355 then 1.8310 then 1.8275 then 1.8205 then 1.18100

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.