ThinkForex - Analytics


    462.75 5.25/10
    80% of positive reviews

    Sterling gets pounded

    The unravelling of the British Pound upped its pace on Friday as polls suggested the 'leave' camp has extended the gain by 19 points. Matt Simpson of ThinkForex takes a technical view on GBPUSD and GBPJPY. 


    Resistance 3:   157.91 07/06 high
    Resistance 2:   153.90/154.60 Weekly pivot and monthly S1
    Resistance 1:   151.64 07/04 low (confirmed bearish breakout)
    GBPJPY:   150.46  
    Support 1:   149.88 Weekly S1
    Support 2:   149 Monthly S1, round number
    Support 3:   147.07 13/06 low, weekly S2

    To leave a comment you must or Join us

    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree