Update on supports and resistances.

Resistance3 : 67
Resistance2 : 65.5
Resistance1 : 64
Last Price : 61.24
Pivot Point: 64
Support1 : 60.5
Support2 : 58.7
Support3 : 56

Pivot: 64

Our preference: Short positions below 64 with targets @ 60.5 & 58.7 in extension.

Alternative scenario: Above 64 look for further upside with 65.5 & 67 as targets.

Comment: the pair has struck against its resistance and should face a further weakness as the RSI is breaking below its rising trend line.

67
65.5
64
61.24 (last)
60.5
58.7
56



*USD/GBP Index: the ISE Exchange measures the strength and weakness of the US DOLLAR versus the BRITISH POUND. For details go to www.ise.com