03.11.2008 10:21

GBP/USD techs:

Resistance 3: $1.6880
Resistance 2: $1.6500
Resistance 1: $1.6500
Current price: $1.6363
Support 1: $1.6145
Support 2: $1.5810
Support 3: $1.5265
Comments: The pair has receded from Friday's low. The nearest support - $1,6145 (38,2 % FIBO of growth $1,5265-$ 1,6675). Below possible falling to $1,5810 (61,8 %) and further to $1,5265 (low of October 24 and 27). The nearest resistance is presented by a level $1,6500. Above is possible growth in area $1,6650 which is a level 61,8%FIBO falling $1,7520-$ 1,5265. Overcoming of the given mark will open road to $1,6880 (76,4 %).






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