Sunday, April 20, 2008

GBPUSD



GBPUSD is moving in a closing wedge in weekly, daily, hourly.
the pair made a upward move last week and showed a loss of momentum last fri.

Weekly Resistance @ 2.0069, 2.0204, 2.0398
Weekly Support @ 1.9586, 1.9294
Daily Resistance @ 1.9998, 2.0062, 2.0221
Daily Support @ 1.9730, 1.9602
Hourly Resistance@ 1.9962, 1.9998
Hourly Support @ 1.9879, 1.9765

1 comment:

J said...

GBPUSD looks to be struggling to be bullish as it has broken the support, but had a huge rejection to the top side.

My GBPUSD support and resistances are:

R: 2.0000, 2.0047 and 2.0192
S: 1.9880, 1.9689 and 1.9600