GBP/USD 2.0143 - 30 August 2007
GBP/USD Open 2.0164 High 2.0181 Low 1.9964 Close 2.0163
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: 2.0155 - 2.0070
Trend: Downward
Sell at 2.0143 SL 2.0173 TP 2.0083