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Sep 13

TECHNICAL ANALYSIS BY NSFX 13.09.2015

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High:  Low: 

The rate after it made a double bottom in area 1.5164 rose above its 200SMA but found resistance against the 21SMA and the 5EMA as well. A breakout of those levels can lift the pair to 1.5693 and then a test at 1.5927, the 2015 top.  Below the 200SMA, now at 1.5330, GbpUsd can test the support 1.5164. Beneath this level it might be possible to test the psychological level 1.5.

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