Published at 14:00 (GMT) 21 Aug
21 Aug GBP/USD Daily
13::55 GMT - Decline was halted just ahead of the 1.6556 Apr low and action has been sideways/higher since. Immediate res. is at 1.6600/10 and a break here should alllow for somewhat bigger recovery s/term. Next res. is at 1.6650 then 1.6679. If 1.6556 subsequently fails, next targets are 1.65 and 1.6462.N.I.
R5: 1.6795/00 intraday level
R4: 1.6750/60 recent low
R3: 1.671 recent low
R2: 1.6679 * Wed high
R1: 1.665 intraday level
S1: 1.6564 today low
S2: 1.6556 * Apr low
S3: 1.6500 figure
S4: 1.6462 * Mar low
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