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GBPUSD Technical Analysis Forecast Wednesday, May 21, 2014

ForexZig.com May 21, 2014

GBPUSD Technical Analysis

In the Tuesday, May 20, 2014 forex currency pair GBPUSD opened at 1.68132 and ended at 1.68369.

Daily highest price was 1.68641 and daily bottom level was 1.68014.

During the Asian trade the currency pair GBPUSD opened at 1.68132 and ended at 1.68089. Asian high was 1.68162, Asian low was 1.68086.

During the European trade the currency pair GBPUSD opened at 1.68153 and ended at 1.68278. European high was 1.68641, European low was 1.68014.

During the U.S. trade the pair GBPUSD started the session at 1.68259 and ended at 1.68448. US high was 1.68483, U.S. lowest level was 1.68218.

GBPUSD Wednesday, May 21, 2014 Daily analysis for GBPUSD

Support Resistance points for Wednesday, May 21, 2014

S3 S2 S1 Pivot R1 R2 R3
1.67415 1.67714 1.68042 1.68341 1.68669 1.68968 1.69296

GBPUSD Forecast

We expect short-term adjustment at 0.00057 and a long-term adjustment at 0.00130 or our prediction is range and goal 1.68499.

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