12 Jul 2013
GBP/USD eases below 1.5200
FXstreet.com (Barcelona) - The GBP/USD foreign exchange rate is last quoted at 1.5175, near session lows, little changed from NY close at around the 1.5185 level, also session highs.
GBP/USD maintaining upward momentum
According to Valeria Bednarik, Chief Analyst at Fxstreet.com, Cable maintains “the upward momentum in the short term: the hourly chart shows price above 20 SMA, and indicators heading higher after bouncing around their midlines. In the 4 hours chart indicators also head north with price standing well above a bullish 20 SMA, supporting further gains towards key resistance, 200 EMA around 1.5260.”
AUD/USD key technical levels
Bednarik locates support levels at: 1.5160, 1.5105 and 1.5050, while resistance levels at: 1.5220, 1.5265 and 1.5310.
GBP/USD maintaining upward momentum
According to Valeria Bednarik, Chief Analyst at Fxstreet.com, Cable maintains “the upward momentum in the short term: the hourly chart shows price above 20 SMA, and indicators heading higher after bouncing around their midlines. In the 4 hours chart indicators also head north with price standing well above a bullish 20 SMA, supporting further gains towards key resistance, 200 EMA around 1.5260.”
AUD/USD key technical levels
Bednarik locates support levels at: 1.5160, 1.5105 and 1.5050, while resistance levels at: 1.5220, 1.5265 and 1.5310.