The Smart Car what we will be driving soon








Forex: GBP/USD: Pound drops back to week lows at 1.6115 on weak stock markets
The Pound’s recovery seen during Asian session has been short lived as the pair turned down after having reached 1.6190 to test levels at 1.6115 intra-week low on the back of negative opening on European markets.

So far support level at 1.6115 remains intact, as the Pound trades around 1.6135. In case of further decline, next support levels lie at 1.6035 (Jul 14 low) and 1.5940. On the upside , initial resistance area could be at 1.6185, previous intra-week low and above here, 1.6225 and 1.6280.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: