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Note: Bid/Ask quotes do not change instantaneously in this table.
Thus: The spreads may differ to the fixed spreads on your platform.
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GBP / USD Key Technical Support / Resistance Points
Resistance 3 |
2.0831 |
High Nov 28 |
Resistance 2 |
2.0575 |
High Dec 12 |
| Resistance 1 |
2.0395 |
High Mar 14 |
| Current Spot |
1.9531 |
Close May 12 |
| Support 1 |
1.9443 |
Low May 12 |
| Support 2 |
1.9337 |
Low Jan 22 |
| Support 3 |
1.9184 |
Low Mar 5 2007 |
GBP / USD – Technical Indicators: Close May 12 2008
| Indicator |
Reading |
Interpretation |
Signal |
| Momentum* |
-0.0380 |
Downside, Falling |
Bearish |
| RSI** |
40.77 |
Falling |
Neutral |
Stochastic
Slow*** |
%D 13.87
%K 11.23 |
Falling |
Oversold |
| ADX |
15.08 |
No Trend |
Indecision |
| Candlestick |
Long-Legged Doji |
No change |
Indecision
|
| MACD |
-0.0076 |
MACD is negative and decreasing |
Bearish bias |
Bollinger
Bands |
Low: 1.9463
High: 2.0025 |
Bands expanding owing to downside prtice pressure |
Bearish |
| Simple & Exponential Moving Averages # |
3 day = 1.9546
20 day = 1.9728
60 day = 1.9811
100 day = 1.9776 |
Price closed below all key MA levels |
Oversold |
*10 Day Period. ** 14 Day Period. *** Parameters = 14,3,3
# 100 Day is simple Moving Average. 3, 20 and 60 day are Exponential Moving Averages
Technical Note
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