Get latest breaking forex and currency news here.
April 18
Friday 18 April 2014 18:33

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

To contact Ilya, e-mail 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. Forex Strategy: Holding Long USD/CAD, Short GBP/USD
  2. Forex: Market Activity Set for Pickup on Heavy Event Risk Next Week
  3. How Oscillators Can Show You If You?re Trading Against The Trend
  4. Euro Ready for a Short-term Breakout, Trend Revival When Liquidity Returns
  5. US Dollar Approaching Key Chart Barrier, Crude Oil Aims Above 105.00
  6. Trading Video: Liquidity Delays EURUSD, GBPJPY, Yen Setups
  7. Strategy Video: A Medium-Term EURUSD Opportunity Takes Shape
  8. USD/JPY Technical Analysis ? Working on Sixth Straight Gain
  9. EUR/USD Technical Analysis ? Indecision Continues Near 1.38
  10. USD/CHF Technical Analysis ? Franc Drops for Fourth Day
  11. GBP/USD Technical Analysis ? Short Position Now in Play
  12. EUR/GBP Technical Analysis ? Euro Rebound Hinted Ahead
  13. USD/CAD Technical Analysis ? Looking for Break Above 1.11
  14. AUD/USD Technical Analysis ? Support Met Above 0.93 Mark
  15. NZD/USD Technical Analysis ? Passing on Short Trade Setup
  16. GBP/JPY Technical Analysis ? Pound Rises to 2-Week High
  17. EUR/JPY Technical Analysis ? Still Waiting for Follow-Through
  18. DailyFX Technical Focus: 4/17/2014
  19. GBP/USD Leaves Nasty Candle at Nearly 5 Year High
  20. NZD/USD Breaks Trendline and 20 Day Average
  21. USD/CAD Responds Before Week Open at 1.0975
  22. Gold Still Trading Heavy
  23. Crude Breakout or Fakeout-Critical Next Few Days
  24. USD/CHF Outside Day Provides Reference Point to Take Near Term Stand
  25. USD/JPY 5 Days Up; 102.50/70 is Still a Reaction Zone
  26. USDOLLAR Dips and Rips
  27. AUD/USD Outside Day Provides Reference Point
  28. EUR/USD Rally Fails before Friday?s Close
  29. How to Catch Swings in the Forex Market
  30. 4 GBP/AUD Signals That Favor the Downside