Monday, 1 March 2010

GBP/USD technical analysis today 01/03/2010:

The pair remains in downtrend position. Deeper decline is still in favor later today and next target would be at 1.5000 zone.

Support:        1.5071    1.5086    1.5110
Resistance:   1.5149    1.5164    1.5188      

Current trend: SELL