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Bullish above the 1.4577, rising support coming in at 1.4372 today and resistance at 1.4770-90 and it has tested this overhead resistance on numerous times over the last few days, another test should see it moving higher above 1.48 level.
Support: 1.4588 (trend line support), 1.4520, 1.4367 (key rising sup)
Resistance: 1.4770 (5/12 high) and 1.4880
240 min â€“ Rising sup at 1.4662.
The key levels to what today remains 1.9990 resistance and 1.9700 support. Traded slightly below 1.97 this morning, but quickly back up above 1.97 as buyers came in ahead of the pivotal 1.9652 level. Pretty bearish sentiment for GBP at the moment as long as the falling resistance lines holds (at 2.0116 today). Have another falling resistance at 2.0189.
Support: 1.9700, 1.9652 (key August low)
Resistance: 2.0080 (former support), 2.0072 (former rising support from 1.86 area) 2.0140 (falling res), 2.0211(falling res), 2.0503 (key level)
120 min â€“ Falling resistance at 2.0218.
Break below 1.1180 yesterday should open for further declines towards 1.1100 level. Bearish momentum intact below 1.1205 today.
Support: 1.1100, 1.1074, 1.0950
Resistance: 1.1205(former support level), 1.1350(former support), 1.1630 (former support level), 1.1538 and 1.1631 (key falling resistance)
120 min â€“ Falling resistance coming in at 1.1314.
Broke above the key downtrend line at 114.20, but failed to take out 114.60 resistance and this level now looks like a short term top. Key rising support (from Nov lows) at 114.00 was taken out as well, bearish bearish. Bearish below 110.70 today.
Support: 109.02 (former falling resistance), 108.70, 107.20
Resistance: 110.70, 112.80 (key level) 114.60 (key level), 114.73 (reaction high 11/7-07)
120 min â€“ Rising support coming in at 109.02.
Stopped at 159.75 yesterday, just short of the 159.40-50 key support that looks like an attractive place to go long and with more support down at 159.24.
Support: 159.40-50, 159.24 (key lows)
Resistance: 161.70 (yesterdayâ€™s high) 163.69 (former falling resistance line), 166.75 (falling res from the highs), 167.63 (Nov high), 167.73 (Oct high)
Key rising support at 0.9838 and key support at 0.9703 (any approach towards this level should provide a decent buy set up).
Support: 0.9838 (rising support from low) 0.9703 (1 month low)
Resistance: 1.0135 (key level, overhead res)
Quite bullish sentiment and could we see 0.7500 soon?
Support: 0.7193 (rising support), 0.7088 (reaction low 3/12), 0.7139 (key uptrend level), 0.7027 (former break out)
Resistance: 0.7500 (psychological level)
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