Update on supports and resistances.

Resistance3 : 67
Resistance2 : 65.5
Resistance1 : 62.5
Last Price : 61.8
Pivot Point: 62.5
Support1 : 58.7
Support2 : 57
Support3 : 54

Pivot: 62.5

Our preference: Short positions below 62.5 with targets @ 58.7 & 57 in extension.

Alternative scenario: Above 62.5 look for further upside with 65.5 & 67 as targets.

Comment: as long as 62.5 is resistance, expect a return to 58.7.

67
65.5
62.5
61.8 (last)
58.7
57
54



*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