ISE FX British Pound: the upside prevails.

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Update on supports and resistances.Resistance3 : 70Resistance2 : 68Resistance1 : 65.5Last Price : 64.89Pivot Point: 62Support1 : 62Support2 : 61Support3 : 58.7Pivot: 62Our preference: Long positions above 62 with targets @ 65.5 & 68 in extension.Alternative scenario: Below 62 look for further downside with 61 & 58.7 as targets.Comment: the pair is breaking above its bullish channel upper boundary, the RSI is well directed.706865.564.89 (last)626158.7*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

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