GBP/USD Daily Technical Outlook: January 10, 2013

DAILY TECHNICAL OUTLOOK ON GBP/USD Last Update At 10 Jan 2013 00:08GMT Trend Daily Chart Sideways Daily Indicators Turning down 21 HR EMA 1.6029 55 HR EMA 1.6050 Trend Hourly Chart Near term down Hourly Indicators Oversold 13 HR RSI 37 14 HR DMI -ve Daily Analysis Marginal weakness b4 rebound Resistance 1.6129 – Tue’s high 1.6075 – Y’day’s high 1.6033 – Y’day’s NY high Support 1.5992 – Y’day’s low 1.5962 – Nov 28 low 1.5920 – Nov 22 NY low . GBP/USD – 1.6013 … The British pound tracked euro’s

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GBP/USD Daily Technical Outlook: January 10, 2013

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