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Forex Market GBP/USD Technical Data

Written by Britt Maras on February 17, 2010 – 9:35 pm -

GBP/USD CRITICAL POINTS         2/17/10 UPDATED 3:45 PM

Forex Trading

 

 

SUPPORT AND RESISTANCE

 

SUPPORT #1              1.5657                                      

 

SUPPORT #2              1.5650     

 

SUPPORT #3               1.5627

 

CLASSIC SUPPORT    1.5535              

————————————————————————————————————-

 

RESISTANCE #1           1.5728

 

RESISTANCE #2            1.5763

 

RESISTANCE #3             1.5815

 

CLASSIC RESISTANCE    1.6066

 

 

FIBONACCI AND PIVOTS

 

$ AREA      SHARED LEVEL      SHARED LEVEL        SHARED LEVEL        SHARED LEVEL      

 

1.5743           16TH BUFIB 38.2%    17TH BEFIB 50%        

 

1.5721           16TH BUFIB 50%       17TH BUFIB 38.2%   

 

1.5704           12^TH BEFIB 78.6%      16^TH BEFIB 78.6%      17^TH BEFIB 23.6%

 

1.5677           12^TH BEFIB 61.82%      16^TH BEFIB 50%

 

1.56594         12TH BUFIB 50%         16^TH BEFIB 23.6%

 

1.5640          12TH BEFIB 38.2%      15TH BUFIB 61.8%              

 

 

 

CHANNEL AND 13MA ALERTS

CHANNEL ALERT                                 13MA ALERT

 

 

                                                  1.5714                                               1.5721

 

 

PRICE IS CURRENTLY BELOW THE LEVELS

 

1.5678

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

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