Update on supports and resistances.

Resistance3 : 67
Resistance2 : 65.5
Resistance1 : 64
Last Price : 62.55
Pivot Point: 60.5
Support1 : 60.5
Support2 : 58.7
Support3 : 57

Pivot: 60.5

Our preference: Long positions above 60.5 with targets @ 64 & 65.5 in extension.

Alternative scenario: Below 60.5 look for further downside with 58.7 & 57 as targets.

Comment: the RSI is well directed, the pair is pulling back on its new support ahead of a new up move.

67
65.5
64
62.55 (last)
60.5
58.7
57



*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