Update on supports and resistances.

Resistance3 : 79
Resistance2 : 77
Resistance1 : 73.8
Last Price : 68.94
Pivot Point: 73.8
Support1 : 66.8
Support2 : 65
Support3 : 61.5

Pivot: 73.8

Our preference: Short positions below 73.8 with targets @ 66.8 & 65 in extension.

Alternative scenario: Above 73.8 look for further upside with 77 & 79 as targets.

Comment: the RSI is breaking below its LT rising trend line, the pair should face a further weakness.

79
77
73.8
68.94 (last)
66.8
65
61.5



*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