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Aug 13

TECHNICAL ANALYSIS BY NSFX 13.08.2014

By:Nati

High:  Low: 

Testing support towards the 1.6770 area trend-line. Resistance towards lastweek’s high set Wednesday in the 1.6890 region, with the 1.6920 level the next should bullish sentiment for the GBP resume. Bearish traders could be eyeing a support target of 1.6750 should the trend-line support give way with the 200 day SMA below.

R3
R2
R1
S1
S2
S3