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Forex

22 august, 09:30
GBPUSD. Forex technical analysis

 

 Atgbp the auctions on Thursday on August, 21st bulls managed to break level of resistance 1.8720 then growth of the British pound sterling in relation to the American dollar has followed. By the end of trading quotation day have reached a fortnight maximum located on level 1.8780.

 Today at the Asian session the auctions passed in rather narrow price range 1.8740-1.8780.

 Sliding average 34 is directed upwards.

 Histogram MACD is in a positive zone. It is necessary to notice that in short-term prospect on given currency pair at traders reference points on bying remain.

 The possible purposes of bulls - 1.8850/60 and 1.8900/10.

 Resistance levels: 1.8760, 1.8780, 1.8800, 1.8840, 1.8860 1.8900/10

 Current price: 1.8751

 Support levels: 1.8740, 1.8700, 1.8670 1.8650/40, 1.8610/00, 1.8570

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