Daily Market Overview: GBP/USD

Source: Dukascopy Bank
© Dukascopy Bank

Daily maximum: 1.5469

Daily minimum: 1.5397

The British pound felt a relief today and broke through the daily forecast target (1.5437) as investors hope the EU leaders will come up with new measures to end the debt crisis in Europe.


Daily Resistance: 1.5508; 1.5592; 1.5658. 
Daily Support: 1.5358; 1.5292; 1.5208. 
Daily Bias: Strongly bearish.

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