GBP/USD 2.0071 - 29 August 2007
GBP/USD Open 2.0003 High 2.0141 Low 2.0009 Close 1.9997
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: 2.0085 - 2.0000
Trend: Upward
Sell at 2.0071 SL 2.0101 TP 2.0011