Market news
17.12.2010, 16:42

Techs on GBP/USD

Resistance 3:$1.5760
Resistance 2:$1.5650
Resistance 1:$1.5550
Current price: $1.5475
Support 1: $1.5450
Support 2: $1.5430                 
Support 3: $1.5200

Comments: Pound fell through the support at $1.5485 (Nov 30 lows) and printed session lows on $1.5450 (minor support). In general, rate remains under pressure. Further support comes at $1.5340 (Sep 14 lows) and stronger - at $1.5200 (Sep 07 lows). If consolidation occures the upside target is on $1.5550 (50% of today's fall). Above there is a room for a rise up to $1.5650/60 (Asian highs), then - to $1.5760.

© 2000-2023. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Japan and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at

Live Chat E-mail
Choose your language / location