Thursday, February 5, 2015

RESISTANCE TRENDLINE IN GBPUSD (CABLE) 05/02/15.


• 1.5243: today's current Daily High at The time of Preparing this analysis. 
• 1.5266 / 69: a Small Area built between Jan 14th & 15th Daily highs. 
• 1.5320: Jan 4th Daily High, which is also very close to The Top of The. Falling 4-hour Trend Channel from July's 6-year High. 
• 1.5378: Aug 4th the 2013th Daily High. 
• 1.5434: Jul 24th 2013 Daily High. 
• 1.5475: Medium term Dow 33.3% retracement Level, calculated for The Falling move from The Scottish referendum High 1.6524 to Jan 23rd 19-month Low 1.4951. 
•. 1.5504: Dec 24th Daily Low. 
• 1.5552: Medium term Fibonacci 38.2% retracement Level, calculated for The Falling move from The Scottish referendum High 1.6524 to Jan 23rd's 19-month Low 1.4951. 
• 1.5625: Medium term 42.9% retracement Level, calculated for. The Falling move from The Scottish referendum High 1.6524 to Jan 23rd's 19-month Low 1.4951. 
• 1.5738: Medium term Fibonacci 50% retracement Level, calculated for The Falling move from The Scottish referendum High 1.6524 to Jan 23rd's 19-month Low 1.4951.

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