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GBP/USD falls towards 1.5830
09 Şubat 2012 Perşembe 23:02

GBP/USD falls towards 1.5830

The GBP/USD bullish movement from 1.5790 was capped at 1.5882 just after the Mario Draghi conference press with the pair falling around 65 pips to find support at 1.5815.

Currently the Cable is trading at 1.5830, 0.10% above today's opening price action.

On the down side, a drop below 1.5794 (low Feb.9) would bring 1.5789 (low Feb.7) then 1.5730 (low Feb.6) and 1.5701 (low Jan.31).

On the other hand, next resistance at 1.5929 (high Feb.8) followed by 1.5934 (MA200d) then 1.6015 (Upper Bollinger) and 1.6076 (hourly high Nov.14).

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