Intraday Analysis from FXMarketAlerts.com
Receive FREE Weekly Strategies.Published at 06:10 (GMT) 03 Sep
03 Sep GBP/USD Daily
06:55 - GBP's little changed on Thurs and still inside Tues-Wed.'s setup : the market's probably waiting for a nudge from bigger players to set the next s/t trend. Ref. pts remain at 1.5465 and 1.5325. 3 Day pivot is 1.5390, so above that line is marginally bullish. Extension lower will head for 1.5285 or else below 1.52. [NR]
R5: 1.59 * fr 2-Aug pivot
R4: 1.5705 16-Aug high
R3: 1.5570-95 * fr 12-Aug high volume
R2: 1.55~ Mon sell accel
R1: 1.5465 fr 24-Aug high voume
S1: 1.5325 31-Aug low
S2: 1.5285~ * fr 14-Jul high volume
S3: 1.5150-90 * fr 12-Jul high volume
S4: 1.5125 21-Jul low
S5: 1.5100~ 50% ret rally fr May








