21.05.2008 13:39

GBP/USD techs:


Resistance 3: $1.9900
Resistance 2: $1.9770
Resistance 1: $1.9710Current price: $1.9665
Support 1: $1.9630
Support 2: $1.9580

Support 3: $1.9450
Comments: Cable consolidates.
Resistance is around Tuesday’s highs on $1.9710 with a break above will target $1.9770. Keylevelcomesat$1.9900 (May 02 high).The nearest support comes at session low on $1.9630. 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.






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