Trade n Trend

Home » Pound » GBP/USD Technical Levels for USA Trading Sessions 02/03/2016

GBP/USD Technical Levels for USA Trading Sessions 02/03/2016

The GBP/USD pair is up 0.33% at 1.4000 with the next resistance at 1.4251 (20-day sma) followed by 1.4410 (high Feb.19) and finally 1.4444 (55-day sma). On the other hand, a breakdown of 1.3836 (multi-year low Feb.29) would expose 1.3681 (monthly low June 2001) and then 1.3653 (monthly low March 2009).

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: