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GBPUSD also higher during the Asian trading December 14 2012

ForexZig.com December 14, 2012

The sterling was traded higher against the American Dollar in GBPUSD today.

During the Asian trade, the currency pair GBPUSD hit the level 1.6118, moving up with 0.03%.

GBPUSD

GBPUSD, H1

Yesterday, the British pound recorded decrease against the dollar after three consecutive days of positive sessions. The pound started the session at a price of 1.6147 and finished at a price of 1.6111. The pair is moving in a range from the middle of November, and if the upward trend continues the pair GBPUSD is supposed to find support at 1.6014, bottom from Monday, and resistance at 1.6172, a top level from Wednesday.

At the same time, the British Pound moved down against the Euro and higher against the Japanese Yen, with EURGBP trading at 0.8121 and GBPJPY reaching the level 135.17.
Levels of support: 1.6014, 1.5749;
Levels of resistance: 1.6172, 1.6309;

 

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