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Alert - 16:40 (CET) - GbpUsd
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After the Sterling ended last week very battered, it profit took, and is now around the 1.5000 dollars.
the GbpUsd is trading at 1.4999 Dollars per Pound. This session, the pair is ranging from 1.4647 to 1.5060. The current price is over yesterday's close at 1.4740. In the hourly graphics, the 20- and 50-day Exponential Mobile Averages (EMA) are under the 200-day EMA.
The supports are set at 1.4748 (June 18th 2002 low), 1.4550 (May 17th, 2002 low) and 1.4332 (April 4th, 2002 low). The resistances are watched at 1.5000 (key), 1.5483 (November 12th high) and 1.5703 (November 11th high), just in case.
hecking the daily graphics, the current price is over the 23.60% (1.3701) and on the 38.20% (1.5767) Fibonacci retracement lines. The average volatility per hour is 40 pips and the 60-minute Relative Strenght Index (RSI) is at 38 points, after being very overbought.
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