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GBPUSD Technical Analysis Forecast Wednesday, May 29, 2013

ForexZig.com May 29, 2013

GBPUSD Technical Analysis

Within the past trading day forex currency pair GBPUSD opened at 1.51092 and closed at 1.50335.

Daily highest level was 1.51344 and daily lowest rate was 1.50262.

At the time of the Asian trade the currency pair GBPUSD opened at 1.51092 and closed at 1.50854. Asian highest level was 1.51108, Asian low was 1.50632.

At the time of the European trade the currency pair GBPUSD opened at 1.51078 and closed at 1.51064. European highest level was 1.51116, European low was 1.50799.

At the time of the US trading the pair GBPUSD started the session at 1.51126 and closed at 1.50591. U.S. highest price was 1.51254, US lowest price was 1.50322.

GBPUSD Wednesday, May 29, 2013 Daily analysis for GBPUSD

Support Resistance levels for Wednesday, May 29, 2013

S3 S2 S1 Pivot R1 R2 R3
1.48868 1.49565 1.49950 1.50647 1.51032 1.51729 1.52114

GBPUSD Forecast

We expect short-term adjustment at -0.00147 and a long-term shift at -0.00222 or our prediction is range and goal 1.50113.

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