Finotec News Archive - August 27 2007
GBP/USD
GBP/USD Daily Technical ReportsRodian Rahnayev 
27 August 2007
Our short position from overnight has now been stopped out. Solid support now at 2.0075 with previous resistance levels around 2.0150 providing the first level of comfort to long positions. There are more serious resistance levels at 2.0260/75 and bears should sell a failure there. Momentum indicators still favour the bulls.
Finotec Analysis Team
27 August 2007
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Today's Economic Events
Time ![]() |
Event |
Currency
|
Period | Previous | Forecast |
Significance
|
Actual | |
|---|---|---|---|---|---|---|---|---|
| 14:00 | Existing Home Sales | USD | Jul | 5.75M | 5.7M | 5.75M | ||
| 00:00 | Market Holiday | GBP | Aug | |||||
Real Time Forex Quotes
| Contract | Bid | Ask | Time | Change |
|---|---|---|---|---|
| GBP/USD | 1.8209 | 1.8212 | 20:59:45 | -0.00% |
















