Archive for February 11th, 2010

GBP/USD CRITICAL POINTS         2/11/10 UPDATED 5:30 PM

Forex Trading 

SUPPORT AND RESISTANCE

SUPPORT #1              1.5651                                         

SUPPORT #2              1.5558      

SUPPORT #3              

CLASSIC SUPPORT    1.5535              

————————————————————————————————————-

RESISTANCE #1           1.5715

RESISTANCE #2            1.5763

RESISTANCE #3            1.5849

CLASSIC RESISTANCE    1.6050

FIBONACCI AND PIVOTS

$ AREA      SHARED LEVEL      SHARED LEVEL        SHARED LEVEL        SHARED LEVEL   

1.5716          9TH BUFIB 23.6%      10TH BEFIB 78.6%        

1.5687          9TH BUFIB 38.2%      10TH BEFIB 61.8%        

1.5659          DAILY PIVOT            9TH BUFIB 50%          10TH BEFIB 50%      11^TH BUFIB 38.2%

1.5637          8TH BEFIB 78.6%      9TH BUFIB 61.8%       10TH BEFIB 38.2%    11^TH BUFIB 50%    

1.5621          8^TH BEFIB 61.8%         11^TH  BUFIB 61.8%    

1.5606          9^TH BUFIB 78.6%         10^TH BEFIB 23.6%      

CHANNEL AND 13MA ALERTS

CHANNEL ALERT                                 13MA ALERT

                                                  1.5647                                                1.5664

PRICE IS CURRENTLY ABOVE THE LEVELS

1.5693