GBPUSD finds resistance today at 1.6625, up for week in Forex Trading

2014.01.28 13:30 6:30AM ET | GBPUSD Currency Pair

SC GBPUSD 2014.01.28

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the GBPUSD currency pair today. Price action is currently trading at the 1.65702 price level and over the daily pivot point, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.66244 while the low of day reached to 1.65347. The pair earlier today opened the Asian trading session above the daily pivot and trended higher to the R1 resistance level before coming back to the main pivot where support was found.

Daily Pivot Point: 1.65479
— S1 – 1.65082
— S2 – 1.64332
— S3 – 1.63935
— R1 – 1.66229
— R2 – 1.66626
— R3 – 1.67376


Weekly Pivot Points: GBPUSD

SC GBPUSD 2014.01.28

Prices are currently trading over the weekly pivot point at time of writing. The GBPUSD has been on an overall bullish trend this week after opening the trading week below the weekly pivot. The pair has found selling resistance near the R1 resistance area so far this week.

Weekly Pivot Point: 1.65125
— S1 – 1.63579
— S2 – 1.62398
— S3 – 1.60852
— R1 – 1.66306
— R2 – 1.67852
— R3 – 1.69033


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