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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.
Support is now seen at 146.58 with back-up support at 146.21.
R3: 148.57
R2: 147.83
R1: 147.44
Pivot: 147.10
S1: 146.58
S2: 146.21
S3: 145.79
Trading recommendation:
We remain long GBP from 143.15 with our stop placed at 146.00. If you are not long GBP yet, then buy a break above 147.44 and use the same stop at 146.00.
The material has been provided by InstaForex Company - www.instaforex.com