Forex Update: GBPUSD has stalled against intraday resistance.

Forex Update: GBPUSD has stalled against intraday resistance.

The GBPUSD has run into upside resistance against the 200 bar MA at the 1.6357 level. The 200 bar MA on the 5 minute chart has been topside resistance on three separate corrections today. The move off this level tilts…

Last Updated ( Friday, 17 July 2009 21:46 )

Date	EUR/ USD Pips	GBP/ USD Pips	USD/ CHF Pips
30th jan	-21	+46	++
31th Jan	+85	+20	+79
1st Feb	-20	+41	-23
2nd Feb	+106	+71	+82
3rd Feb	+14	++	++