| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision

ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout

FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally

FxWirePro: EUR/AUD trends higher, but faces potential pitfalls

EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm

FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish

FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption

FxWirePro- Major Crypto levels and bias summary

FxWirePro- Woodies Pivot(Major)

FxWirePro: USD/JPY catches bid ahead of BoJ meeting

FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook

AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70

NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone

FxWirePro- Major Pair market sentiment (CCI-ADX-EMA) setup

GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80

FxWirePro: USD/CAD recovers slightly but trend is still bearish

©Econometrics LLC . All Rights Reserved.

GBP/USD faces minor resistance at 1.4490, break above targets 1.4580/1.4600

Wednesday, February 10, 2016 6:54 AM UTC

Minor resistance - 1.4490 (trend line joining 1.4580 and 1.45154)
Minor support - 1.4420 (trend line joining 1.4149 and 1.4350)
The pair is facing strong resistance around 1.4490 and break below confirms minor trend reversal, a jump till 1.4580/1.4600 is possible.
On the lower side support is around 1.4420 and break below targets 1.4380/1. minor support is around 1.4450.
Short term weakness only below 1.4320.

It is good to buy above 1.4490 with SL around 1.4445 for the TP of 1.4580/1.4600

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data

Trump Announces $1,776 Cash Bonus for U.S. Military Personnel Ahead of Christmas

Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

OpenAI Explores Massive Funding Round at $750 Billion Valuation

Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

Venezuela Seeks UN Security Council Meeting Over U.S. Oil Tanker Blockade

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

GBP/USD faces minor resistance at 1.4490, break above targets 1.4580/1.4600

Editor's Picks

Welcome to EconoTimes