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Feb 05

TECHNICAL ANALYSIS BY NSFX 05.02.2014

By:Nati

High:  Low: 

Support has been found in the 1.6260 area just below the 100 day SMA. Should buying interest again push the GBP’s value back towards the 1.6440 resistance we could see stop losses triggered towards that level. A close below 1.6260 could open up a return to the 1.5880-1.6260 range.

R3
R2
R1
S1
S2
S3