Update on supports and resistances.

Resistance3 : 69
Resistance2 : 66.95
Resistance1 : 65
Last Price : 62.08
Pivot Point: 65
Support1 : 61.6
Support2 : 60
Support3 : 57

Pivot: 65

Our preference: Short positions below 65 with targets @ 61.6 & 60 in extension.

Alternative scenario: Above 65 look for further upside with 66.95 & 69 as targets.

Comment: the pair is breaking below its bearish channel lower boundary, the RSI is on the downside.

69
66.95
65
62.08 (last)
61.6
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