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GBPUSD Technical Analysis Forecast Thursday, May 22, 2014

ForexZig.com May 22, 2014

GBPUSD Technical Analysis

In the past trading day currency pair GBPUSD started trading at 1.68369 and ended at 1.68981.

Daily top value was 1.69205 and daily low was 1.68310.

During the Asian trade the pair GBPUSD started trading at 1.68369 and ended at 1.68405. Asian high was 1.68408, Asian lowest value was 1.68310.

During the European trade the pair GBPUSD started trading at 1.68414 and ended at 1.68856. European high was 1.69205, European lowest value was 1.68392.

During the US trade the currency pair GBPUSD started trading at 1.68919 and closed at 1.68683. US top value was 1.68994, U.S. low was 1.68632.

GBPUSD Thursday, May 22, 2014 Daily analysis for GBPUSD

Support Resistance levels for today

S3 S2 S1 Pivot R1 R2 R3
1.67564 1.67937 1.68459 1.68832 1.69354 1.69727 1.70249

GBPUSD Forecast

We expect short-term adjustment at 0.00038 and a long-term adjustment at 0.00076 or our expectation is range and to reach 1.69057.

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