Tuesday, 9 February 2010

GBP/USD technical analysis today 09/02/2010:

Current price of the pair 1.5630. We may see sideways movements during the European session. GBP/USD will probably continue its downtrend movement towards 1.5500-1.5450 zone.

Hourly support and resistance levels:

S:   1.5577    1.5590    1.5615
R:   1.5653    1.5666    1.5691

Current trend: Neutral