GBP/USD CRITICAL POINTS         2/17/10 UPDATED 3:45 PM

Forex Trading

SUPPORT AND RESISTANCE

SUPPORT #1              1.5657                                      

SUPPORT #2              1.5650     

SUPPORT #3               1.5627

CLASSIC SUPPORT    1.5535              

————————————————————————————————————-

RESISTANCE #1           1.5728

RESISTANCE #2            1.5763

RESISTANCE #3             1.5815

CLASSIC RESISTANCE    1.6066

FIBONACCI AND PIVOTS

$ AREA      SHARED LEVEL      SHARED LEVEL        SHARED LEVEL        SHARED LEVEL      

1.5743           16TH BUFIB 38.2%    17TH BEFIB 50%        

1.5721           16TH BUFIB 50%       17TH BUFIB 38.2%   

1.5704           12^TH BEFIB 78.6%      16^TH BEFIB 78.6%      17^TH BEFIB 23.6%

1.5677           12^TH BEFIB 61.82%      16^TH BEFIB 50%

1.56594         12TH BUFIB 50%         16^TH BEFIB 23.6%

1.5640          12TH BEFIB 38.2%      15TH BUFIB 61.8%              

CHANNEL AND 13MA ALERTS

CHANNEL ALERT                                 13MA ALERT

                                                  1.5714                                               1.5721

PRICE IS CURRENTLY BELOW THE LEVELS

1.5678

This entry was posted on Wednesday, February 17th, 2010 at 9:35 pm and is filed under Forex Market Updates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.