Friday, August 21, 2009

GBP/USD Current Price: 1.6507

Fri, Aug 21 2009, 01:01 GMT (Buenos Aires) – GBP/USD Current Price: 1.6507. Holding just under 1.6520 static resistance zone, along with 200 EMA. Hourly indicators have turned slightly bullish, pointing for some gains in the next hours, thus clear opening above 20 SMA will give further support to the bias.

“Above that, next resistances come at 1.6550 and 1.6600, 20 SMA in the daily; pair has reached and retreat strongly that level several times, suggesting that another failure attempt could turn the pair bearish in the midterm,” said Valeria Bednarik, collaborator at

Support levels: 1.6470 1.6440 1.6410. Resistance levels: 1.6520 1.6550 1.6600.

GBP/USD (Aug 21 at 21:59 GMT)

1.6494/98 (-0.04%)

H 1.66239 L 1.6417

[?]Trend Index[?]OB/OS Index
Slightly BullishNeutral
Data updated on Aug 21 at 21:59 (15-minute timeframe)

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