17.10.2008 13:45

GBP/USD techs:

Resistance 3: $1.7630
Resistance 2: $1.7420
Resistance 1: $1.7360
Current price: $1.7329
Support 1: $1.7130
Support 2: $1.7020
Support 3: $1.6790
Comments: The rate continues to be consolidated. The nearest support is located in a sessional low on $1,7130, below on $1,7020 the level of 76,4 % FIBO of growth $1,6790-$ 1,7630 is located. Overcoming of the given level will open road to October 10 low on $1,6790. The nearest resistance - area of a session high on $1,7360. Overcoming of the given mark will open road to $1,7420 (61,8 % FIBO of falling $1,7600-$ 1,7130). Resistance acts as strong area $1,7630/55 (area of October 7,8 and 14 highs).






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