21.05.2008 10:44

GBP/USD techs:


Resistance 3: $1.9900
Resistance 2: $1.9770
Resistance 1: $1.9710
Current price: $1.9645
Support 1: $1.9640
Support 2: $1.9580
Support 3: $1.9450

Comments: Cable slides with support comes at $1.9640. Stronger level is around 50% of the rise from May 19 at $1.9580. Below losses may extend to May 19 lows on $1.9450. Resistance is around Tuesday’s highs on $1.9710 with a break above will target $1.9770. Key level comes at $1.9900 (May 02 high).






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