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11 Mar 2015
GBP/USD: Lower projection at 1.4900/10 – FXMarketAlerts
FXStreet (Barcelona) - The FXMarketAlerts Team, gives the technical outlook for GBP/USD, expecting further declines below 1.4948.
Key Quotes
“Mkt. has slumped to a new low in recent trade and should test the YTD low at 1.4948 low next. Mkt. should try and make a stand here but lower levels look likely. Lower projection is at 1.4900/10. Res. is at 1.5000/25.”
“R1: 1.5000/25 intraday level
R2: 1.5097 * today high
R3: 1.5136 Mon high
S1: 1.4948 ** 23-Jan YTD low
S2: 1.4900/10 projection
S3: 1.4812 ** 9-Jul-13 low”
Key Quotes
“Mkt. has slumped to a new low in recent trade and should test the YTD low at 1.4948 low next. Mkt. should try and make a stand here but lower levels look likely. Lower projection is at 1.4900/10. Res. is at 1.5000/25.”
“R1: 1.5000/25 intraday level
R2: 1.5097 * today high
R3: 1.5136 Mon high
S1: 1.4948 ** 23-Jan YTD low
S2: 1.4900/10 projection
S3: 1.4812 ** 9-Jul-13 low”