Update on supports and resistances.

Resistance3 : 69
Resistance2 : 66.95
Resistance1 : 64
Last Price : 61.05
Pivot Point: 64
Support1 : 60
Support2 : 57
Support3 : 55

Pivot: 64

Our preference: Short positions below 64 with targets @ 60 & 57 in extension.

Alternative scenario: Above 64 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
64
61.05 (last)
60
57
55



*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