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- Techs on GBP/USD:
Techs on GBP/USD:
Resistance 3:$1.6620
Resistance 2:$1.6570
Resistance 1: $1.6460
Current price: $1.6380
Support 1: $1.6300
Support 2: $1.6200
Support 3: $1.6160
Comments: Rate holds higher. Strong resistance is around $1.6460 (61.8% Fibo of decline from Aug 19 high). Back above will target $1.6570 (Aug 12 high). Stronger resistance comes at $1.6620 (Aug 19 high). Minor support is near $1.6300 (23.6%), stronger - at $1.6200/10 (Aug 26 lows). Below losses may widen to $1.6160 (Aug 12 lows).
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