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Forex Market GBP/USD Technical Data

Written by Britt Maras on February 16, 2010 – 5:56 pm -

GBP/USD CRITICAL POINTS         2/16/10 UPDATED 4:15 PM

Forex Trading

 

 

SUPPORT AND RESISTANCE

 

SUPPORT #1              1.5769                                        

 

SUPPORT #2              1.5727      

 

SUPPORT #3               1.5650

 

CLASSIC SUPPORT    1.5535              

————————————————————————————————————-

 

RESISTANCE #1           1.5794

 

RESISTANCE #2            1.5917

 

RESISTANCE #3           

 

CLASSIC RESISTANCE    1.6066

 

 

FIBONACCI AND PIVOTS

 

$ AREA      SHARED LEVEL      SHARED LEVEL        SHARED LEVEL        SHARED LEVEL      

 

1.5703           12TH BEFIB 78.6%    16TH BEFIB 78.6%        

 

1.5696          11TH BUFIB 23.6%    15TH BUFIB 23.6%   16^th BUFIB 61.8%

 

1.5677           12^TH BEFIB 61.8%      16^TH BEFIB 50%      

 

1.5671           11^TH BUFIB 38.2%      15^TH BUFIB 38.2%

 

1.5652           DAILY PIVOT             12TH BUFIB 50%        15^TH BUFIB 50%        16^TH BEFIB 23.6%

 

1.5640          12TH BEFIB 38.2%      15TH BEFIB 61.8%              

 

 

 

CHANNEL AND 13MA ALERTS

CHANNEL ALERT                                 13MA ALERT

 

 

                                                  1.5695                                                1.5739

 

 

PRICE IS CURRENTLY ABOVE THE LEVELS

 

1.5789

Tags: forex market, forex trading, gbp/usd
Posted in Forex Market Updates |

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