Tuesday, 2 March 2010

GBP/USD technical analysis today 02/03/2010:

The GBP remains in downtrend position against the US dollar. We expect in the coming hours maintaining of the downward movement with targets around support around 1.4800. Break below it will signal levels around 1.4360.

Support:         1.4790    1.4821    1.4859
Resistance:   1.4928    1.4959    1.4997

Current trend: SELL