Daily Market Overview: GBP/USD - Technical Analysis - Dukascopy Bank

Thu, 24 Nov 2011 16:57:08 GMT
Source: Dukascopy
 
© Dukascopy

Daily maximum: 1.5565

Daily minimum: 1.5485

GBP/USD has approached the market mean at 1.5547 as the European regions economic conditions are deteriorating. None of the resistance (1.5618; 1.5717; 1.5877) and support (1.5458; 1.5396; 1.5235) levels has been breached. The daily trading signals indicate a strong bearish momentum ahead.


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