Update on supports and resistances.

Resistance3 : 77
Resistance2 : 73.8
Resistance1 : 70.9
Last Price : 68.35
Pivot Point: 67
Support1 : 67
Support2 : 65
Support3 : 63

Pivot: 67

Our preference: Long positions above 67 with targets @ 70.9 & 73.8 in extension.

Alternative scenario: Below 67 look for further downside with 65 & 63 as targets.

Comment: the pair is breaking above its falling wedge upper boundary and should post a further bounce.

77
73.8
70.9
68.35 (last)
67
65
63



*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