Get latest breaking forex and currency news here.
July 22
Tuesday 22 July 2014 21:22

GBP/USD Technical Analysis 02.28.2013

Here you can find all the latest breaking forex and currency news about GBP/USD Technical Analysis 02.28.2013 including currency analysis and forecasts, live foreign exchange rates, central bank interest rates, and currency trading strategies from experienced fx traders and forex platforms.



GBP/USD Technical Analysis - Prices are testing the 100% Fibonacci expansion at 1.5132. A break downward exposes the 1.50 level and the 123.6% expansion at 1.4964. Near-term resistance is found in the 1.5296-1.53 area, marked by the 76.4% Fib and the major horizontal bottom dating back to September 2010, with a push above that aiming for the 61.8% expansion at 1.5405. We continue to hold short.

Forex_GBPUSD_Technical_Analysis_02.28.2013_body_Picture_5.png, GBP/USD Technical Analysis 02.28.2013

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

To be added to Ilya's e-mail distribution list, please CLICK HERE

New to FX? Watch this Video. For live market updates, visit the Real Time News Feed



DailyFX provides forex news on the economic reports and political events that influence the currency market.
Learn currency trading with a free practice account and charts from FXCM.

The article above is about breaking forex and currency news regarding GBP/USD Technical Analysis 02.28.2013, if you have any question about it. Please contact us by using the link below. Thanks for your patience.

  1. Managing USD Expectations with EUR/USD, USD/CAD (but not USD/JPY)
  2. Crude Looks To US Inventories, Gold Suffers As Safe-Haven Demand Ebbs
  3. NZD/USD Awaiting Break Of 0.8650 In Absence Of Reversal Candlesticks
  4. USD/CAD Offers Range Trading Opportunities As Consolidation Continues
  5. USD/JPY Aiming Higher With Bearish Candlestick Patterns Lacking
  6. EUR/USD To Extend Declines On Daily Close Below 1.3500
  7. Crude Looks To US Inventories, Gold Suffers As Safe-Haven Demand Ebbs
  8. EUR/USD Risks Further Losses on Sticky U.S. CPI; 1.3450 on Tap?
  9. USD/CHF Overlooks Swiss Trade Balance Data; Focus Turns To US CPI
  10. US Dollar May Rise on Fed Bets as June Inflation Data Tops Forecasts
  11. Crude Oil Rebound Stalls, US Dollar Struggling to Build Higher
  12. Dollar: Can US CPI Break Greenback?s Technical Boundaries?
  13. Dollar Trade Options on CPI Data
  14. 2 Simple Strategies to Help You Trade a Favorable Bounce
  15. Trading Video: Watching Volatility for Risk Cues and US CPI for Dollar Moves
  16. US Dollar Technical Analysis: Struggling to Break Higher
  17. EUR/USD Technical Analysis: Short Position Still in Play
  18. USD/JPY Technical Analysis: Bulls Reclaim Key Chart Barrier
  19. GBP/USD Technical Analysis: Watching for a Downturn
  20. USD/CHF Technical Analysis: Still Flat-Lined Below 0.90
  21. EUR/GBP Technical Analysis: Euro Attempting a Recovery
  22. USD/CAD Technical Analysis: Waiting to Confirm Reversal
  23. AUD/USD Technical Analysis: Still Range-Bound Above 0.93
  24. NZD/USD Technical Analysis: Support Found Below 0.87
  25. Strategy Video: Skewed Potential for EURUSD, GBPUSD and NZDUSD
  26. EUR/JPY Technical Analysis: Testing Above 137.00 Anew
  27. GBP/JPY Technical Analysis: Stalling After Support Break
  28. Strategy Video: Skewed Potential for EURUSD, GBPUSD and NZDUSD
  29. Fundamental Forecast: Volatility Turning Over as Events Shape Rates
  30. GBPJPY Eyes Major Inflection Zone- Weekly Opening Range in Focus