13.10.2008 10:41

GBP/USD techs:

Resistance 3: $1.7660
Resistance 2: $1.7400
Resistance 1: $1.7230
Current price: $1.7214
Support 1: $1.6920
Support 2: $1.6540
Support 3: $1.5750

Comments: Traders added to bets policy makers will lower borrowing costs again after cutting the main rate by half a percentage point on Oct. 8, in concert with other major central banks worldwide. The pair has receded from are reached on Friday's low, but essential changes of a tech haven't occured. Support is located in the field of a session low on $1,6920, stronger level is $1,6540 (61,8 % FIBO from growth $1,3670-$ 2,160), further are possible falling to $1,5450 (76,4 %). Resistance is located in a session high on $1.7230. Further is possible return to $1,7400 (Thursday's high) and to $1,7660 (area of of the last week high).






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