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GBPUSD Technical Analysis Forecast Friday, August 16, 2013

ForexZig.com August 16, 2013

GBPUSD Technical Analysis

Within the previous trading day currency pair GBPUSD started the session at 1.55006 and closed at 1.56409.

Daily high was 1.56510 and daily low was 1.55006.

At the time of the Asian trade session the pair GBPUSD started the session at 1.55006 and closed at 1.55124. Asian highest price was 1.55216, Asian bottom level was 1.55006.

At the time of the European trade session the pair GBPUSD started the session at 1.55188 and closed at 1.55911. European highest price was 1.55933, European bottom level was 1.55169.

At the time of the U.S. trade session the pair GBPUSD opened at 1.55855 and closed at 1.55709. US top level was 1.55897, U.S. low was 1.55183.

GBPUSD Friday, August 16, 2013 Daily analysis for GBPUSD

Support Resistance points for today

S3 S2 S1 Pivot R1 R2 R3
1.53936 1.54471 1.55440 1.55975 1.56944 1.57479 1.58448

GBPUSD Forecast

We expect short-term change at 0.00146 and a long-term change at 0.00345 or our forecast is range and target 1.56754.

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