FX & CFD trading involves significant risk
11:01 Tech on GBP/USD
Resistance 3: $ 1.6340 (January 2 high)
Resistance 2: $ 1.6200 (psychological level)
Resistance 1: $ 1.6180 (session high)
Current price: $ 1.6152
Support 1: $ 1.6047/57 (MA(100) and MA (200) for H1)
Support 2: $ 1.5953 (September 24 low)
Support 3: $ 1.5883 (September 17 low)
Comments: It should be noted that the 14-day relative strength index (RSI (14) on the D1), is above 70, which indicates a possible change in the direction of price movement.
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