26 Nov 2013
GBP eyes for 1.62 handle
FXstreet.com (London) - GBP/USD has jumped higher to test the upside on the back of poor US data.
US Consumer Confidence arrived 70.4 vs 72.90 and took the dollar away from the supporting 1.6140 zone with eye’s towards 1.6180/90.
GBP/USD Levels
The 20 DMA is 1.6065, the 50 DMA is 1.6076 and the 200 DMA 1.5518. RSI (14) 39.47. Supports are ascending from 1.6060, 1.6072, 1.6093 and 1.6118. Spot is currently 1.6182 while resistances are 1.6205, 1.6223 and 1.6241.
US Consumer Confidence arrived 70.4 vs 72.90 and took the dollar away from the supporting 1.6140 zone with eye’s towards 1.6180/90.
GBP/USD Levels
The 20 DMA is 1.6065, the 50 DMA is 1.6076 and the 200 DMA 1.5518. RSI (14) 39.47. Supports are ascending from 1.6060, 1.6072, 1.6093 and 1.6118. Spot is currently 1.6182 while resistances are 1.6205, 1.6223 and 1.6241.