
Resistance 3: $1.9840
Resistance 2: $1.9760
Resistance 1: $1.9680
Current price: $1.9585
Support 1: $1.9580
Support 2: $1.9460
Support 3: $1.9370
Comments: Sterling slowly weakens within the 4-days range. Rate holds a bit above key support zone around trend line from Apr 2006 at $1.9580. Break above will open the way to $1.9460. Strong support comes near $1.9370/65 (Jan, Fen and May lows). Resistance is around the channel line from Jul 15 at $1.9680 (broken yesterday). Back above will target Monday’s highs on $1.9760, then – on $1.9840.