GBPUSD – Weekly TECHNICAL ANALYSIS FOR 28.02 – 04.03, 2011

The pair is aiming to Fibonacci retracement 38.2% at 1.64274 and Moving Average (200) at 1.65789, it will be possible if the pair stays above 1.59962. The pair is aiming to Fibonacci retracement 38.2% at 1.64274 and Moving Average (200) at 1.65789, it will be possible if the pair stays above 1.59962.

Resistance: 1.64274, 1.68504, 1.72652

Support: 1.59962, 1.52523, 1.48532