FXstreet.com (Barcelona) - The Sterling has deprecated against the Dollar, according to Ted Wilson, technical analyst at iForex, breaking support levels: The Pound broke its support at 2.0580 against the US Dollar, which has now become the first resistance for today, and it's also 38.4% Fibonacci correction of the climb 1.9660 - 2.1155. Wilson sees next resistance and support levels as follows: Next resistance is expected at 2.0670, followed by 2.0840. In downward direction support is expected at 2.0350, followed by 2.0295 and 2.0240. Next support is expected at 2.0530, followed by 2.0470.
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