Update on supports and resistances.

Resistance3 : 70
Resistance2 : 67.5
Resistance1 : 66
Last Price : 62.93
Pivot Point: 66
Support1 : 61
Support2 : 60
Support3 : 57

Pivot: 66

Our preference: Short positions below 66 with targets @ 61 & 60 in extension.

Alternative scenario: Above 66 look for further upside with 67.5 & 70 as targets.

Comment: the pair has broken below its bullish channel lower boundary and remains under pressure.

70
67.5
66
62.93 (last)
61
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