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GBPUSD Technical Analysis for today

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GBPUSD Technical Analysis for today

Postby Bilal1985 » Wed Dec 04, 2013 12:09 pm

The pair was moving within a narrow sideways movement limited with the levels we mentioned in yesterday’s report, the pair tried to reach the resistance level 1.6445 but it failed to do so that it was pushed negatively from the levels close to the mentioned resistance point , in the meantime we can see the negative performance con-trolling the pair trades and it may be stopped at the point 1.6360 and beyond toward the point 1.6340 , from there we expect the pair to move upward targeting the resistance level 1.6445 again .

Key levels for today session: 1.6340 – 1.6445
Bilal1985
 
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