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GBP/USD 2.0069 - 28 August 2007

GBP/USD Open 2.0085 High 2.0190 Low 2.0106 Close 2.0115
Support is the broken top 1.9928, followed by the bottoms 1.9743 and 1.9653. In upward direction resistance is 2.0197, after which comes the top from 9 August 2.0392. Break at the last level leads to test of the 26 year top at 2.0645.
Technical resistance levels: 2.0197 2.0392 2.0636
Technical support levels: 1.9928 1.9743 1.9653

Trading range: 2.0080 - 1.9995
Trend: Downward
Sell at 2.0069 SL 2.0099 TP 2.0009