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GBPUSD remains in uptrend from 1.5753, the fall from 1.6272 is treated as consolidation of the uptrend. Range trading between 1.6100 and 1.6272 would likely be seen in a couple of days. Support is at 1.6100, as long as this level holds, we’d expect uptrend to resume, and another rise towards 1.6500 is still possible after consolidation. Resistance is at 1.6272, a break above this level could signal resumption of the uptrend.



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Forex Trades 09/20 - US session - by [URL="www.forexticket.us"]Forex ticket[/URL] (ex [URL="http://www.mataf.net"]mataf.net[/URL])
[b][img]http://www.forexticket.us/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.forexticket.us/en/forex/eurusd"]EUR/USD - Euro / US Dollar[/url][/b]
[b]Entry[/b]: 1.2955
[b]Stop[/b]: 1.299
[b]Resistances[/b]: 1.6115 - 1.3055 - 1.298
[b]Supports[/b]: 1.2845 - 1.2885 - 1.293

[b][img]http://www.forexticket.us/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.forexticket.us/en/forex/gbpusd"]GBP/USD - British Pound / US Dollar[/url][/b]
[b]Entry[/b]: 1.6195
[b]Stop[/b]: 1.6215
[b]Resistances[/b]: 1.627 - 1.6235 - 1.62 ...

EUR/USD continues to fall, following the release of PMI data from Germany, France and the Euro-zone. Although the readings were mixed, all except German Flash Services PMI point to continuing contraction. Spain’s 10-year Bond Auction went well, with yields dropping to 5.66%. It’s a busy day in the US as well, highlighted by Unemployment Claims and the Philly Fed Manufacturing Index.

Here’s an update about technical lines, fundamental indicators and sentiment regarding EUR/USD.

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/eurusd-sep-20-lower-after-european-pmi-data/"]EUR/USD Lower After European PMI Data[/URL][/I][/B]