Update on supports and resistances.

Resistance3 : 72
Resistance2 : 70.8
Resistance1 : 68
Last Price : 64.06
Pivot Point: 68
Support1 : 63
Support2 : 60
Support3 : 57

Pivot: 68

Our preference: Short positions below 68 with targets @ 63 & 60 in extension.

Alternative scenario: Above 68 look for further upside with 70.8 & 72 as targets.

Comment: the pair remains within a bearish channel and is breaking below its support, the RSI is on the downside.

72
70.8
68
64.06 (last)
63
60
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