Published at 13:05 (GMT) 09 Jul

GBPUSD

09 Jul GBP/USD Daily
13::00 GMT - Drop back this am. has drawn GBP into a trading range below 1.7120 but still inside Tues' range- rally potential is on hold for now whilst a smaller 2/3 day balance trades (completes?) between 1.7110 & 1.7130. Market is still on track for a July/ start Aug top. [NR]

R5: 1.7445 Sep-08 low
R4: 1.73~ md-Oct-08 high volm
R3: 1.7198 * 21-Oct-08 high
R2: 1.7180~ 2 & 4-Jul highs
R1: 1.7145 Tues high
S1: 1.7080-90 Tues excs low
S2: 1.7062 19-Jun high
S3: 1.7042 Aug-09 high
S4: 1.6950 * 25-Jun low
S5: 1.6925 18-Jun low

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