Wednesday, April 6, 2011

Pound Sterling GBP/USD

Pound sterling had weakened in yesterday but managed to restrained and then rose again in European bourses after the positive data of England. These currency pairs tend to seek support at level 1.6158 and resistance at level 1.6364.

Today is Wednesday, 6 - 04-2011 Price GBP/USD opened at level 1.6296

Resistance 3: 1.6570
Resistance 2: 1.6434
Resistance 1: 1.6364

Pivot Point: 1.6228

Support 1: 1.6158
Support 2: 1.6022
Support 3: 1.5952

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