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| technical Outlook for Gbp-Usd 30-7-2015 |
Gbp/Usd pair moved yesterday in the average price movement of 100 Pips, it recorded the highest level at 1.5687 the lowest levels at 1.5586 levels and closed at 1.5597 to lose 13 pips according to yesterday's economic data.
The pair opened today at 1.5597 oscillatory between the 1.5590 and the 1.5613 levels during the Asian session in a trading average of 23 pips for the limitation of the market liquidity.
The pair is moving in a series of up impulse waves in the wedge.
We saw the pair achieved our target at 1.5660
It is expected that the pair Pound against the dollar will go to targeted level at 1.5512 in the next few hours According to economic data today.
The Relative Strength Indicator "RSI" show us accumulation operations at the market and the control of Bulls on the market
Medium term trend: Down
Support levels: 1.5559 and 1.5522 and 1.5458
Resistance levels: 1.5660 and 1.5724 and 1.5761
More Technical Outlook FxStations
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