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Old 1st February 2012, 05:16
Ivan Urupa's Avatar
Ivan Urupa Ivan Urupa is offline
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EURUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.3098, and if the pair breaks above that level we can expect an uptrend to develop with

the upside target set at resistance level 1.3173.

If the pair breaks under support level 1.3098, a downtrend will start with the downside target set at support level 1.3073 and below towards support

level 1.2960.


Support levels: 1.3073, 1.2960

Resistance levels: 1.3098, 1.3173




GBPUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.5785 and if the pair breaks above that level we can expect an uptrend to develop with

the upside target set at resistance level 1.5908.

If the pair breaks under support level 1.5728, a downtrend will start with the downside target set at support level 1.5668.


Support levels: 1.5728, 1.5668

Resistance levels: 1.5785, 1.5908

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