DAILY TECHNICAL OUTLOOK ON GBP/USD Last Update At 04 Jan 2013 00:18GMT Trend Daily Chart Sideways Daily Indicators Oversold 21 HR EMA 1.6151 55 HR EMA 1.6193 Trend Hourly Chart Down Hourly Indicators Oversold 13 HR RSI 44 14 HR DMI -ve Daily Analysis Consolidation with downside bias Resistance 1.6242 – Y’day’s European high 1.6202 – Y’day’s Asian sup, now res 1.6145 – Y’day’s European sup, now res Support 1.6053 – Intra-day sup 1.6003 – Dec 07 low 1.5956 – 38.2% r of 1.5270-1.6380 . GBP/USD –
Go here to see the original:
GBP/USD Dily Technical Outlook: January 4, 2013
