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9 Jun 2014
GBP/USD slid to 1.68 area after failed attack
FXStreet (Moscow) - GBP/USD follows in tandem with EUR/USD today resuming the slide right after it posted session high at 1.6831.
In search for data
The pair offset all the tiny gains it showed in the European open sliding back to 1.6810 area at the moment. The pound has no catalysts to move on except for technical levels, and market sentiment. Given the absence of any market-moving releases tonight, the chances of seesaw session are quite high with support at 1.6773, and resistance at 1.6839 serving as the borders of the range.
What are today’s key GBP/USD levels?
Today's central pivot point can be found at 1.6810, with support below at 1.6773, 1.6744, 1.6707 with resistance above at 1.6839, 1.6876, and 1.6905. Hourly Moving Averages are bullish, with the 200SMA at 1.6757, and the daily 20EMA flat at 1.6794. Hourly RSI is bullish at 53.
In search for data
The pair offset all the tiny gains it showed in the European open sliding back to 1.6810 area at the moment. The pound has no catalysts to move on except for technical levels, and market sentiment. Given the absence of any market-moving releases tonight, the chances of seesaw session are quite high with support at 1.6773, and resistance at 1.6839 serving as the borders of the range.
What are today’s key GBP/USD levels?
Today's central pivot point can be found at 1.6810, with support below at 1.6773, 1.6744, 1.6707 with resistance above at 1.6839, 1.6876, and 1.6905. Hourly Moving Averages are bullish, with the 200SMA at 1.6757, and the daily 20EMA flat at 1.6794. Hourly RSI is bullish at 53.