| Global Interest Rates | |||
Australia |
7.25% | ||
Canada |
3.5% | ||
EMU |
4% | ||
Japan |
0.5% | ||
Swiss |
2.75% | ||
England |
5% | ||
US |
2.25% | ||
The British Pound traded in range yesterday against the US Dollar. After climbing to yesterday's top 1.9794 it started descending down to yesterday's bottom 1.9665, which are the the first resistance and support levels respectively for the currency couple today. If the negative trend continues, next support is expected at 1.9600, followed by 1.9530. In upward direction next resistance for today is expected at 1.9900, the break of which would lead to next target 2.0000.
Technical resistance levels: 1.9795 1.9900 2.0000
Technical support levels: 1.9665 1.9600 1.9530
Trading range: 1.9660 - 1.9735
Trend: Upward
Buy at 1.9673 SL 1.9643 TP 1.9723
Today we made already +28 pips profit on GBP/USD from the following signal:
5:58 GMT+1 Buy GBP/USD at 1.9713 SL 1.9687 TP 1.9773 exited at 7:13 GMT+1
Today so far +113, yesterday +127, as shown at www.zifx.com/performance.php

Professional Website Design For Corporate - Get a Free Quote Today
Since 1898 we’ve outfitted the worlds best dressed men. Woven silk ties, custom tailored shirts & more.