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Jun 14

TECHNICAL ANALYSIS BY NSFX 14.06.2015

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High:  Low: 

The rate rose above the most relevant moving averages and did not have even a losing session last week.  Cable might test the 2015 top at 1.5817 and then 1.6. Below the 200 SMA GbpUsd can test again the multiple bottom at 1.5184. If this support will fail the pair can test 1.4964. The RSI indicator is close to the overbought area and the Average True Range still below the last month top.

R3
R2
R1
S1
S2
S3