GBP/USD Daily forex post- US session August 15, 2014

GBP/USD Technical view

Updated:  August 15, 2014 13:34:45 GMT
SPOT GBP/USD Previous day OHLC
Open High Low Close Change
1.6688 1.6696 1.6654 1.6685 -0.0001
Today's Support and Resistance
Resistance
Support
R3 1.6800
R2 1.6760
R1 1.6720
S1 1.6660
S2 1.6600
S3 1.6560

Sterling unchanged versus the dollar in narrow trading session. Expecting the pair to settle higher in the day's session, with supports likely to be capped at 1.6660. A close below the supports and the losses should widen to 1.6560- 1.6600

Trend direction

  • Short term: Bullish
  • Medium term: Bullish
  • Long term: Bullish

Trading Recommendations

  • Short:

    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION
  • Long:

    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION
    • NO TRADING CALLS FOR THE SESSION