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19.09.2013 08:55 AM
GBP/USD intraday technical analysis for September 19, 2013

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Yesterday, after the MPC had voted, all economists looked at the UK PDB rise to 0.7%, this made this currency fly high; otherwise at night after the Fed held their bonds buyback at $85 Billion each month, making all the market looks as a good things and made USD go down and now GBP/USD is already running in a new level at 1.6141; however here is the Intraday levels for this pair for today :

 

INTRADAY PIVOT LEVEL:

Resistance. 3 : 1.6513.

Midpoint. 5 :1.6426.

Resistance. 2 :1.6338.

Midpoint. 4 :1.6291.

Resistance. 1 :1.6243.

Midpoint. 3 : 1.6156.

Pivot Point : 1.6068.

Midpoint. 2 :1.6021.

Support. 1 :1.5973.

Midpoint. 1 : 1.5885.

Support. 2 :1.5798.

Midpoint. 0 : 1.5750.

Support. 3 : 1.5703. 

Best regards,

Arief Makmur

Official Analyst of InstaForex  Group

InstaForex Group

http://www.ifxwork.com

Email : Arief.jakarta@indo.instaforex.com

blog.mt5.com/arief

http://www.mt5.com/forex_analysis_award/profile/index/arief

Disclaimer :

Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

 

Arief Makmur,
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