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GBP/USD 1.9783 - 8 January
GBP/USD Open 1.9666 High 1.9824 Low 1.9656 Close 1.9751

Resistance for the Cable is today's top 1.9825, followed by 1.9900, which was limiting the climbing last week, and 1.9985. Next is the strong resistance 2.0015, which is 37.8% correction of the drop 2.0570 - 1.9675, as well as top from 28 September. Supports are expected at the bottom from 17 August and yesterday at 1.9665, followed by the key levels 1.9595 and 1.9540, which is a notable top from December 2004.
Technical resistance levels: 1.9825 1.9900 1.9985
Technical support levels: 1.9665 1.9595 1.9540

Trading range: 1.9770 - 1.9845
Trend: Upward
Buy at 1.9783 SL 1.9753 TP 1.9833