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Monday, 29 October 2007

iForex.bg

GBP/USD 2.0542 - 29 October
GBP/USD Open 2.0517 High 2.0571 Low 2.0490 Close 2.0524

The British Pound continues to climb, and broke the first resistance 2.0565, which is followed by 2.0650 and 2.0780. Support is expected at 2.0463, followed by 2.0430 and 2.0290.
Technical resistance levels: 2.0565 2.0650 2.0780
Technical support levels: 2.0463 2.0430 2.0290

Trading range: 2.0530 - 2.0615
Trend: Upward
Buy at 2.0542 SL 2.0512 TP 2.0602