Friday, October 19, 2012

GBP/USD Analysis 19-10-2012

Analysis of GBP/USD , for 18-10-2012 By Taqi Niaxee

 

High 1.60637        Low 1.60267
52Wk High 1.63066  
Since 09/21/12 (-1.52%)  
    52Wk Low 1.52347
   Since 01/13/12 (+5.41%)
Open 1.60427       Prev Close 1.60416
Volume 386,236       Avg Volume 857,767
Weighted Alpha +0.81      Standard Dev +0.32
20-Day Average 1.61072      100-Day Average 1.57936
14-Day Rel Strength 49.08%      14-Day Stochastic 36.23%

 


Overall Average: 40%  Buy60% Sell

According to my personal experience the GBP still have strong position against the USD. 

Support & Resistance


                        2nd Resistance Point                                            1.61900
                       1st Resistance Point                                             1.61358


                      1st Support Level                                                 1.59900
                       2nd Support Level                                                 1.59354

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