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MIG Bank

MIG Bank

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

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GBP/USD - Making Fresh Multi-Year Lows

GBP/USD has broken the support at 1.4635, confirming increasing selling pressures. A psychological support lies at 1.4500. Hourly resistances can be found at 1.4669 (intraday high) and 1.4725 (10/04/2015 high).

In the longer-term, the break of the strong support at 1.4814 opens the way for further medium-term weakness towards the strong support at 1.4231 (20/05/2010 low). Another strong support stands at 1.3503 (23/01/2009 low). A key resistance can be found at 1.5552 (26/02/2015 high).

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