Published at 23:55 (GMT) 08 Jul
08 Jul GBP/USD Daily
23::38 GMT - Despite the break below 1.7096 support, lack of follow -through on the downside and strong rebound from last session's low of1.7086 is turning prices into consolidation with strong resistance protecting upside at 1.7180 and only break of the latter signal bulls back in control. [W.T]
R5: 1.7471 8 Sep 2008 low
R4: 1.7320 7 Oct 2008 low
R3: 1.7203 21 Oct 2008 high
R2: 1.7180 * 4 Jul high
R1: 1.7148 8 Jul high
S1: 1.7115 intraday level
S2: 1.7086 8 Jul low
S3: 1.7063 19 Jun high
S4: 1.7007 27 Jun low
S5: 1.6970 26 Jun low
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