03.07.2008 13:28

GBP/USD techs:


Resistance 3: $2.0190

Resistance 2:
$2.0020
Resistance 1: $1.9960

Current price: $1.9858
Support 1: $1.9850
Support 2: $1.9800
Support 3: $1.9660


Comments: Cable under pressure after weakUK Jun Services PMIdata. The nearest support is $1.9850 and $1.9800 (50% of the resent rally). A break under will open the way to $1.9670/60 (June 25 low) and Monday low at $1.9580. Resistance spotted at $1.9960. A break above the latter level to open the way for a test of $2.0000/20 area.






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