by Wed, 16 Jun 2010 09:52:00 +0200
Forex: GBP/USD pulls back below 1.4800
FXstreet.com (Barcelona) - Pound's consolidation movement above 1.4800 has been short lived, and the pair
has broken lower at European session opening returning to levels around 1.4760 at the moment of writing.
The pair has reached overbought levels, which could point out to some fluctuation and negative pressure on the pair, according to the ecPulse.com analysis team: " Keep in mind that the overbought signs appearing through momentum indicators could cause some fluctuation and negative pressure on the pair."
Support levels below 1.4770, lie at 1.4730, 1.4635 and 1.4575, according to the ecPulse.com analysis team. On the upside, resistance levels lie at 1.4850, 1.4930 and 1.4960.
| Technical Analysis (2010-06-16 07:48 GMT) | |
|---|---|
GBP/USD 1.47607/1.47621 - O: 1.4763 H: 1.47671 L: 1.4757 C: 1.4762 | |
| Trend | R3: 1.4848 |
 | R2: 1.4812 |
| R1: 1.4775 | |
| S1: 1.4674 | |
| S2: 1.4711 | |
| S3: 1.4748 | |
Actualité du forex
Forex News
- Forex Trade 16 Feb, Employment Change, Unemployment Rate, Ecb Publishes Feb. Monthly Report
- Oil Maintains Bullish Trend amid Middle East Tensions
- Risk Aversion Turns EUR Bearish
- USD Moves Up Following Fresh Euro-Zone Worries
- JPY Moves Up on EUR Following Greek News
- L'euro Poursuit Sa Chute, Le Marché Sanctionne Les Tergiversations Autour Du Dossier Grec
- Report du versement des aides à la Grèce, les marchés se contractent
- Le pétrole conserve une tendance haussière au milieu des tensions du Moyen-Orient
- L'aversion au risque peut avérer un Euro Baissier
- USD progresse face aux inquiétudes fraiches de l'Euro-Zone.