Resistance 3: $1.5370
Resistance 2: $1.5220
Resistance 1: $1.5060
Current price: $1.4975
Support 1: $1.4655
Support 2: $1.4555
Support 3: $1.4280
Comments: The pound is consolidated before the publication BoE meeting
minutes which can specify the reasons of so sharp reduction of a
discount rate in more details. As the nearest supporta acts the area of
Friday's and Monday's low on $1,4655. Below the level of a low of the
last Thursday on $1,4555 (the level $1,4530 is area of a minimum of
June, 2002) is located. Further decrease in area $1,4280 (low of April
2002) is possible. In case of growth by the nearest resistance there
will be a level $1,5060 (38,2%FIBO from falling $1,5880-$ 1,4555).
Above are located levels $1,5220 (50,0 %) and $1,5370 (61,8 %).