FXMarketAlerts Team
FXMarketAlerts
Published at 09:01 (GMT) 01 Oct
01 Oct GBP/USD Daily
08::50 GMT - The overnight and early lean lower from below 1.6210-25 has worked into a break from 1.62 or so; GBP's now on a small retracement trade- hold above 1.6175 right now would start to mark an early excess low to balance the market. Slip back to cover this eary low increases odds on a fuller break (to 1.6100 or so next.) [NR]
R5: 1.6415 * 23, 24-Sep highs
R4: 1.6390 24-Sep high volm
R3: 1.6335~ 25, 26-Sep highs
R2: 1.6285 Tues high
R1: 1.6240~ Mon-Tue high volm
S1: 1.6175 top of excs on am lo
S2: 1.616 * 16-Sep low
S3: 1.6125~ 10-Sep hi volm
S4: 1.605 * 10-Sep low
S5: 1.5852 ** 12-Nov-13 low
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