Update on supports and resistances.

Resistance3 : 66.95
Resistance2 : 65.5
Resistance1 : 64
Last Price : 61.09
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 65.5 & 66.95 as targets.

Comment: the pair remains capped by a declining trend line, the RSI is turning down.

66.95
65.5
64
61.09 (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