FX & CFD trading involves significant risk
12:00 Tech on GBP/USD
Resistance 3: $ 1.5890/93 (January 21 and 23 high)
Resistance 2: $ 1.5852 (January 24 high)
Resistance 1: $ 1.5822 (session high)
Current price: $ 1.5765
Support 1: $ 1.5745/50 (session low, August 28 low)
Support 2: $ 1.5673 (August 20 low)
Support 3: $ 1.5635 (August 16 low)
Comments: As the graph shows, the couple in the sharp decline has broken the trading range, it was in a week. Note that the next resistance for the pair is a line constructed between 14 and 17 January.
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