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Forex

19 november, 10:33
The British pound still bargains near level 1.50.

gbp

Second day the auctions pass in frameworks concerning a narrow price range 1.4900-1.5075.

In the circumstances is better to take of an observant position as the market is in a condition of uncertainty and solves, where to go further.

Priority there is a descending movement, but sales from current levels will be premature.

We observe …

Resistance levels: 1.5000, 1.5030. 1.5080 1.5100/20, 1.5150, 1.5170 1.5200/10, 1.5240, 1.5270, 1.5300

Current price: 1.4983

Support levels: 1.4970, 1.4950 1.4910/00, 1.4870 1.4850/40, 1.4810/00, 1.4770, 1.4740 1.4710/00

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